Jude Okoye denies $1.2M royalty diversion, cites EFCC review

Former P‑Square manager and music executive Jude Okoye has denied accusations of financial misconduct and royalty diversion that were raised by his younger brother, Peter Okoye. In a video posted on Sunday, Jude insisted that all royalty payments and financial distributions were made in accordance with existing agreements and that every transaction was properly documented.

The dispute centers on claims that more than $1.2 million in royalties had been diverted. Jude said the matter has already been investigated by the Economic and Financial Crimes Commission (EFCC) and is now before a competent court. He added that allegations that Peter was removed as a signatory to company bank accounts or denied access to royalty records are false. According to Jude, relevant bank documents, financial records and digital evidence have already been submitted to the court as part of the ongoing legal proceedings.

Jude urged the public to disregard comments circulating on social media about the dispute, stating that the judicial process would ultimately determine the facts. The latest development comes amid a continuing rift between the Okoye brothers, whose disagreements over business and financial matters have attracted sustained public attention.

Jude Okoye served as the manager and executive for the Nigerian pop duo P‑Square, which rose to prominence in the early 2000s. Peter Okoye, his younger brother, has been involved in the group’s business affairs, leading to a series of public disputes. The brothers’ conflict has been widely reported, with media outlets covering allegations of mismanagement and financial impropriety.

The EFCC, Nigeria’s anti‑corruption agency, has been involved in investigating the alleged diversion of royalties. While the agency’s findings have not been publicly disclosed, Jude’s statement indicates that the investigation has concluded and that the case is now being heard in court. The court proceedings are expected to clarify the ownership and distribution of the disputed funds.

Jude’s video also highlighted that all financial transactions were carried out in line with the contractual agreements that govern the distribution of royalties within the P‑Square organization. He emphasized that the documentation supporting these transactions has been provided to the court, suggesting that the allegations lack substantive evidence.

The ongoing legal battle between the Okoye brothers underscores the challenges that can arise in the music industry when personal relationships intersect with business operations. While the dispute remains unresolved, the parties have indicated that they will rely on the legal system to resolve the matter.

For now, the case remains in the courts, and the public is advised to await the judicial outcome before forming conclusions. The situation continues to be monitored by media outlets covering the Nigerian music scene and the broader entertainment industry.