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Alleged N1.8b Fraud: Staying Silent For 20 Years Nearly Cost Me Everything — Peter Okoye

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Nigerian music star, Peter Okoye, also known as Mr P, has spoken again about the alleged betrayal and financial misappropriation by his elder brother and former manager, Jude Okoye, saying it took him over two decades to speak up — and the delay nearly cost him everything.

Just hours after testifying before the Federal High Court in Lagos on Monday, Mr P, in an X statement, shared a deeply personal post about enduring years of silence under the guise of family loyalty.

“Don’t let ‘family’ be the reason you’re drowning in silence. I did — for over 20 years plus. And it almost cost me everything,” Peter wrote. “But now I know better — love doesn’t manipulate, loyalty doesn’t betray, and family does not steal from you. Family that steals and breaks you isn’t family at all.”

The 43-year-old singer continued, “A real family doesn’t drain you, shame you, discriminate against you, or ignore your pain. My sanity matters. My mental health is a priority. If it costs my mental health, then it’s too expensive.”

Jude, Peter, and Paul Okoye
On Monday, at the Federal High Court in Lagos, Peter alleged that Jude had covertly registered Northside Music Limited to collect and control digital royalties from their group, P-Square, without the knowledge or consent of its members.

Peter, appearing before Justice Alexander Owoeye, said he only discovered the company while investigating royalty discrepancies years after the group’s initial split in 2017. He revealed that the company was registered under Jude’s name and his wife’s — with her holding 80% ownership.

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“All our earnings from P-Square were funnelled into accounts controlled solely by Jude,” Peter claimed. “From 2017 to 2021, when we were apart, I had no access to anything. Jude was the only signatory,” he added.

The singer further alleged that backend royalty data had been manipulated, significantly reducing the value of their catalogue. “What used to bring in $8,000 per month was now reduced to about $500. When I asked for financial records, I was told my money was with people in South Africa,” he stated.

According to him, this lack of transparency cost them not just revenue but also business opportunities. “I wasn’t even asking for the money — just access to our data,” Peter explained.

Suspicious of foul play, he consulted lawyer Festus Keyamo, SAN (now Aviation Minister), who suggested a revenue-sharing formula. When that failed, he hired another lawyer, Mr Afolabi, and submitted a petition to the Economic and Financial Crimes Commission (EFCC).

One of the charges levelled against Jude and Northside Music Ltd. is the alleged purchase of an Ikoyi property worth ₦850 million, using funds suspected to be proceeds of crime — a violation of the Money Laundering (Prevention and Prohibition) Act, 2022.

Another charge accuses Jude of converting over $1 million through a Bureau De Change, allegedly using Nigerian bank accounts to conceal the origin of the funds. The EFCC claims that Jude’s actions show a pattern of deliberate financial concealment. He has pleaded not guilty to all seven charges.

Peter said he discovered more “red flags” when potential buyers expressed interest in acquiring P-Square’s music catalogue in 2022. The resulting checks revealed tampered backend data, previously hidden transactions, and dual aggregator connections — both for P-Square and Jude’s company.

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Peter is expected to be cross-examined when the trial continues on 4 June.

Background
Jude’s legal troubles began after his younger brother, Peter, filed a petition with the EFCC accusing him of mismanaging digital royalties from their former music group, P-Square.

On 26 February, the EFCC alleged that Jude had dishonestly converted funds meant for Peter, including large sums in dollars and pounds from companies like Lex Records Limited, Kobalt Music, and Mtech Limited. These payments were said to be royalties earned from P-Square’s digital music catalogue.

Jude is now standing trial alongside his company, Northside Music Limited, on a seven-count charge of money laundering. One of the charges alleges that in 2022, he and his company used money suspected to be from illegal sources to purchase a luxury property in Ikoyi, Lagos, worth ₦850 million. The charge states that Jude “did directly acquire a landed property known as No 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos… which money you knew or reasonably ought to have known forms part of proceeds of unlawful act.”

Another charge accuses him of converting $1,019,762.87 through a Bureau De Change and transferring the funds into several Nigerian bank accounts in an effort to hide their true origin. According to the EFCC, this was done “with the aim of disguising or concealing the illicit origin of the funds.”

The EFCC maintains that these actions violate the Money Laundering (Prevention and Prohibition) Act, 2022. Jude has denied all allegations and pleaded not guilty.

The long-running conflict between the Okoye brothers became public again in August 2024 when Paul Okoye, also known as Rudeboy, confirmed that P-Square had split permanently. The group, which began in 1999 and dominated the Nigerian pop scene for over a decade, first parted ways in 2017 before briefly reuniting in 2021. However, that reconciliation was short-lived due to ongoing disputes over royalties and digital rights.

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Kaduna State to hold education summit – Commissioner

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Kaduna State Government will convene an Education Summit as part of its strategy to bring about transformative change in the education sector, which will be anchored on four strategic pillars.

The Commissioner for Education, Professor Muhammad Sani Bello, who disclosed this while inaugurating the steering committee, further said that the event will be titled KADA EDUPACT International Summit 2025″.

According to him, one of the pillars is the Policy/Governance/Innovative Education Financing Pillar.

The Commissioner also listed the Access and Retention, Credible Learning Outcomes From Quality Inputs Pillars, as well as the Technology and Innovation pillars.

Prof Bello argued that the main objective of the summit is “to forge an Educational Pact between the government and the people, establishing commitment to shared model for education delivery, measurable outcomes and clearly defined negotiables.”

He further said that experts will make motivating presentations, adding that the Summit will provide opportunity for robust discussions on local and international investments in education, policy-making as well as technological innovations for improved teaching and learning.

The Commissioner also assured that a comprehensive education development roadmap for Kaduna State would fashioned out during the summit.

He said that the Director General of Kaduna State Schools Quality Assurance Authority, Professor Usman Abubakar Zaria, will coordinate the activities of the steering committee, whose membership cuts across relevant Ministries Department and Agencies.

Sub-committees to handle various aspects of the summit were announced immediately after the steering committee was inaugurated.

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Police Bust Human Trafficking Ring In Oyo, Rescue 84 Victims

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The Oyo State Police Command has uncovered a human trafficking ring in Ibadan, the Oyo State capital.

In a major operation, the police rescued 83 individuals and a child from a house in the Orogun area of the city, where they had allegedly been held for an undisclosed period.

Preliminary reports suggest that the victims, believed to be nationals of the Democratic Republic of Congo, were lured to Nigeria under the pretence of being offered employment opportunities.

There are also claims that the perpetrators extorted significant sums of money, reportedly in dollars, from the victims’ parents and relatives as part of the elaborate scheme.

The rescued individuals are currently at the Police Headquarters in Eleyele, Ibadan, where authorities are conducting further investigations to ascertain the full details of the case.

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Pope Francis Laid To Rest In Santa Maria Maggiore Basilica

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Pope Francis was buried inside his favourite Rome church after a funeral mass in St Peter’s Square, the Vatican said on Saturday.

Francis, who died on Monday aged 88, was laid to rest during a 30-minute ceremony which started at 1:00 pm (1100 GMT) at the Santa Maria Maggiore basilica in the Italian capital.

Footage shared by the Holy See showed cardinals marking his wooden and zinc coffin with red wax seals.

Cardinal Kevin Farrell, who as camerlengo is running the Vatican’s day-to-day affairs until a new pope is elected, sprinkled it with holy water after it was lowered into a tomb set inside an alcove.

A reproduction of the pectoral cross worn by Francis during his lifetime hung above it.

Francis had asked that the tomb, located near the altar of Saint Francis, be simple and unadorned, reflecting the humble spirit of his papacy.

The tombstone bears only the inscription “Franciscus” — the pope’s name in Latin.

Its marble is sourced from Liguria, the northwestern Italian region once home to the Argentine pontiff’s Italian ancestors.

Francis, born Jorge Bergoglio, had specified in his will the exact spot he wanted to be buried, in the side nave of the beloved fifth-century AD church.

The pontiff was devoted to the worship of the Virgin Mary and made a point of praying in Santa Maria Maggiore before leaving on trips abroad and upon his return to Rome.

Located in the heart of Rome, the basilica already holds the tombs of seven popes.

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