Connect with us

Agnes Isika Blog

The EFCC Is Now Apparently Interested In The Music Duo P-Square’s Rumored Spilt Over Missing Funds

Gists

The EFCC Is Now Apparently Interested In The Music Duo P-Square’s Rumored Spilt Over Missing Funds

According to reports, P-Square’s Peter and Paul Okoye are involved in a bitter conflict that has led to their breakup once more over misappropriated money.

Barely two years had passed since their highly anticipated reunion, during which time they had cooperated, recorded a song, and embarked on foreign tours, when this unexpected statement was made.

In a recent Instagram post on Saturday, journalist Stella Dimokokorkus disclosed certain information that seemed to indicate the twins had broken up once more.

The main source of contention seems to be joint monies that their brother Jude Okoye is alleged to have embezzled, causing a flurry of controversy and discord within the Okoye household.

The message said,

“The music duo Psquare is at war again and this time, the problems tearing them apart looks like it will be more serious than what broke them up before.. Insiders allege that the brouhaha started when one of the Twins, Peter was approached by a company that wanted to buy the Psquare music catalog comprising all their works over the years..

“The buyers allegedly gave a condition stating that the brothers had to show the (back-end), statement of account of royalties received over the years to enable them to peg a price to what would be paid for the catalog.

“Stella Dimoko Korkus Sources say nah there wahala start! They say that Peter approached Jude and his twin Paul and told them what was proposed but after weeks of waiting for a statement of account, it dawned on Peter that all was not well and sources say he began to investigate what was wrong..

“Northside Entertainment is the company Registered by Peter and Paul but their brother Jude made himself the only signatory to the account. A can of worms opened on all fronts and Peter allegedly discovered that Northside Music ‘account had been diverting funds to a new company called Northside Music which had Jude’s wife Ifeoma as a director with her family address used for registration…

“The money in contention are Royalties due to the Singers from 2007 till date and running into millions of dollars…

“Insiders squeal that the Economic Crimes and Financial Commission (EFCC) is involved in the matter and Jude has allegedly officially agreed to fund diversion and all his accounts both in Nigeria and internationally have been frozen until further notice….

“Paul in trying to take sides with Jude indicted himself as an accomplice who shares the money that was diverted with Jude..

“The insider squealed that all Royalties have been shared by Jude and Paul, leaving Peter out of the sharing formula….

“They were spotted at the EFCC office on Thursday, June 6, 2024, and the atmosphere was hot with the brothers telling each other to do their worst….

“Jude was in EFCC Detention until his last birthday when former NFF President Pinnick signed his bail bond so he could celebrate his birthday with his family at home.”

Keeping families together is the goal of every parent, rich or not. Don’t let money ruin the family.

Live with Purpose, Love with Passion. Remember to be happy

One ❤️❤️❤️

Rose Ajieh

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

More in Gists

TrueTalk with Agnes

Today's Quote

“Imagination is more important than knowledge. For knowledge is limited, whereas imagination embraces the entire world, stimulating progress, giving birth to evolution.”

— Albert Einstein

Trending

Contributors

LAGOS WEATHER
To Top