Alleged N1.38bn fraud: Jude Okoye granted N100m bail

Jude okoye, former manager of the defunct music group, P-Square, has been granted N100m bail.

He was granted bail on Monday March 3rd 2025, ahead of his trial for alleged N1.38 billion, $1 million and £34,537.59 money laundry charge.

Media Talk Africa reports that Jude was arraigned before the court by the Economic and Financial Crimes Commission, EFCC, and remanded in the Ikoyi prison on Friday.

He was granted N100 million bail with two sureties in like sum, each with N100 million landed properties in Lagos.

Okoye is also prohibited from travelling outside the country without approval.

His trial is set to commence on April 14, 2025.