How I discovered Jude’s wife owns 80% of Northside Music — Mr P

Singer Peter Okoye, aka, Mr P, has claimed that his twin brother Paul ‘Rudeboy’ Okoye told him Jude Okoye, their elder brother and former manager, owns their now-defunct group Psquare.

Peter made the shocking revelation when he appeared as the first witness in the ongoing fraud trial against Jude on Friday.

Jude is standing trial alongside his company Northside Music Ltd before Ramon Oshodi of the Ikeja high court for allegedly laundering N1.38 billion, $1 million, and £34,537.59.

Led in evidence by Mohammed Bashir, the prosecuting counsel, Mr P claimed that Jude never denied the money laundering allegations against him, however, “my twin brother (Paul) told me that our elder brother (Jude) owns P-Square.

While giving evidence, the singer told the court that Jude’s wife, Ifeoma, owned substantial shares in Northside Music Ltd (Jude’s company).

He said: “I went to the EFCC with my lawyer to submit the petition on January 22, 2024. I initially wrote Northside Music as the respondent. However, upon various investigations by the Commission, it was discovered that Jude’s wife, Ifeoma, owns the company because she owns 80 per cent of the shares. In comparison, Jude retains the remaining 20 per cent.

“I submitted the petition, and I never spoke to either Paul or Jude until early April 2024, when the EFCC asked if my twin brother was involved, and I said I did not know. The commission discovered over 47 bank accounts used by Jude to receive royalties.”

According to him, Jude was subsequently invited and detained by the anti-graft agency following his petition.

The singer added that while Jude did not deny committing the alleged offence, Peter’s twin, Paul, also known as Rudeboy, told Peter during a meeting at the EFCC office that Jude is the majority owner of P-Square.

Mr P insisted that he was unaware of Northside Music’s establishment or of Jude’s purported ownership of P-Square.

“Paul told me Jude owns 40 per cent, while the two of us (Mr P and Rudeboy) own 30 per cent each. Ifeoma was never part of our engagement, and I was unaware that Northside Music was registered.

“Northside Music, according to my findings, was registered in 2015 and had been operating illegally, two years before our break-up”, he noted.

Following his testimony, the prosecution sought to tender the petition dated 22 January 2024.

The lead counsel for the defendants, Clement Onwuenwunor, did not object to the petition’s admissibility.

Justice Oshodi adjourned the case to 23 May for continuation of the trial.

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