Jude Okoye, a Nigerian businessman and music executive, has publicly refuted his brother Peter Okoye’s allegations that he founded a covert corporation.
According to Peter Okoye’s claims, he found a covert business with a name that is similar to the one he runs with his brothers, Jude and Paul Okoye.
Following his accusations that the business was being used to siphon off funds from their joint venture, he conducted an investigation that showed Jude and his wife Ifeoma Okoye had surreptitiously founded the business.
Jude responded by stating that his Northside Music company had been around for 11 years and was not kept a secret. He stated that the same business signed Cynthia.
Jude said: “Northside entertainment has been existing for 11 years. It became a shocker for you seeing it after 11 years.
“It’s like me coming out to say P-Classic (Peter’s company) or Rude Boy Record (Paul’s company) is a secret company because I don’t have anything to do with it.
“Everybody has their own separate company that they are running aside P-square. I also have mine. So what is the problem?”
He also addressed Peter’s allegation that the address used to open his account is his wife Ifeoma Okoye’s family address.
Jude said the address used is the address of the lawyer that opened the account and neither his wife nor her family are affiliated to the address.
Jude also addressed his matter with the Economic and Financial Crimes Commission (EFCC), stating that individuals he transacted businesses with contacted him that the anti-graft agency was probing him based on a petition filed by Peter.
Jude had been detained and questioned by the EFCC in April for allegedly diverting P-Square’s funds in his account. However, he explained that the money was his rightful share, as per an agreement to split P-Square’s royalties three ways.
“This is publishing royalties, and we have an agreement that P-Square proceeds go three ways,” he explained, stating he also presented his Corporate Affairs Commission (CAC) documents to the EFCC, proving his 40 per cent stake in P-Square’s earnings.
“They started asking me some irritable questions like where I got the money to build my house in Ikoyi,” Jude recalled, noting that the building was partly financed by selling his house in America and borrowing money from colleagues.
Jude narrated the internal conflicts that have fuelled the rift between the singing duo, Peter and Paul, saying he had not been involved with P-Square since 2016.
“I’ve not been with P-Square for the past eight years, since 2016,” Jude stated, revealing that the rift between the twins began in 2013 and continued until the group officially split in 2016.
According to Jude, the situation worsened in 2021 when the brothers attempted a reunion, which ultimately failed due to unresolved differences.
Jude expressed disappointment over how the situation had escalated, stating that after P-Square’s reunion in 2021, he had suggested dialogue with Peter and Paul to discuss their future as a group.
“When I asked for us to resolve the issues, Peter said no, that ‘let bygones be bygones’,” he said.
Jude revealed that he later discovered that Peter and Paul had held a meeting without him, during which they decided to exclude him from future P-Square activities.
“They planned to kick me out of P-Square and made the managers sign, too,” Jude said.
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