A Lagos state magistrate court has granted Jude Okoye, former manager of the defunct P-Square music duo, consisting of Peter and Paul Okoye, a ₦100 million bail. The development comes amid serious legal challenges faced by Jude Okoye, who was recently arraigned by the Economic and Financial Crimes Commission (EFCC) on charges related to money laundering.
Jude Okoye has been accused of laundering substantial amounts of money, with the EFCC alleging that he was involved in the movement of $1 million, ₦1.38 billion, and €34,537.59. These serious charges have garnered significant attention, as the music industry veteran faces scrutiny from both the legal system and the public. Following his arraignment, Jude Okoye sought bail, and in a recent court ruling, Justice Alexander Owoeye of the Lagos magistrate court granted him the ₦100 million bail.
As part of the bail conditions, the court ruled that Jude Okoye must provide two sureties, each valued at ₦100 million. In addition, the court has placed a restriction on his ability to travel, prohibiting him from leaving the country while the legal process continues. The court’s decision has been met with various reactions, including a growing discussion on social media and in the public sphere. In an online clip that surfaced shortly after the ruling, Jude Okoye was seen leaving the court, signaling that the legal proceedings were far from over.
The ongoing case has sparked a flurry of online discussions, particularly from netizens who are calling for reconciliation among the Okoye brothers. The trio, who were once inseparable as the P-Square duo, have been embroiled in a highly publicized rift that led to their separation. This legal case has only intensified calls for the brothers to mend their fractured relationship, with many fans and followers hoping for peace and unity between them. The public's reaction to the situation has been mixed, with some expressing disappointment over the rift, while others are more focused on the legal implications of the case.
See below for the tweet discussing the court’s ruling and the public reaction to it …
Court grants Psquare’s elder brother, Jude Okoye N100Million bail over alleged Fr@ud case of N3.8Billion pic.twitter.com/uiZft5JzaG
— Enugu Celebrities (@EnuguCelebritis) March 3, 2025