FEATURED
Alleged $1m Theft: Ex-P-Square Manager, Jude Okoye’s Wife Owns 800,000 Shares in Company-Witness
The first prosecution witness (PW1), Peter Obumuneme Okoye, in the ongoing trial of Jude Chigozie Okoye, an elder brother and former manager of Paul and Peter Okoye, has told Justice Rahman Oshodi of the Lagos State High Court, Ikeja, that the defendant’s wife owns 800,000 shares in Northside Music Limited.
Okoye, alongside his company, Northside Music Limited, is being prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on a four-count charge bordering on theft to the tune of over $1m.
He pleaded not guilty to the charges when they were read to him.
At the resumed trial of the matter on Friday, December 12, 2025, defence counsel, Clement Onwuenwunor (SAN) confronted the witness with the statements of account belonging to Northside Music Limited, detailing some transactions over a period of time
The PW1, however, stated the bank statements belonged to their joint business interest, saying, “These statements of account belong to me and my brother. We are P-Square. The company belongs to Peter and Paul. It was registered by him. I reported to the EFCC when I discovered funds were being diverted, and EFCC brought the matter to court”.
“My lord, we own an entertainment company together, and I discovered another company, Northside Entertainment Company diverting our funds. I showed it to my brother.”
He also confirmed that he petitioned the EFCC through his lawyer, and that the defendant’s wife owns 800,000 shares in the company in question.
The defence counsel, thereafter, sought to tender documents attached to the original petition submitted to the EFCC, insisting the documents were vital to their case
However, the prosecution counsel M. K. Bashir, objected to their admissibility, arguing that “the documents are public documents.
“The defence merely produced copies stamped as Certified True Copies (CTC). They were not attached to the petition, and they were not in proper legal form.” He, therefore, urged the court to reject them.
In a short ruling, Justice Oshodi ruled that although the documents originated from the Corporate Affairs Commission (CAC) and ended in the EFCC’s custody, they did not meet the admissibility requirements of the court.
“I reject the documents and mark them as rejected,” the judge held.
The PW1 also confirmed that he wrote a statement at the EFCC after the petition was submitted by his lawyer.
The case was adjourned till February 20 and 27, 2026 for continuation of trial.
Ozoro Curfew Relaxed To 10pm, Knock-Out, Unregistered Okada Banned After Cult Clashes
Oborevwori Cuts Warri Ring Road, PTI-Eku Road Timelines As Delta EXCO Approves N1.24trn 2027 Budget
Babcock 400-Level Student Alive After Viral Hostel Window Incident — Roommates Saved Him, Varsity Confirms
Pastor Tunde Bakare: I Told Tinubu I’m Too Old To Be A Minister
Oil Theft: Navy Arrests 259 Suspects, Recovers 7.48m Litres Of Stolen Products
2027: Makinde Dares Political Godfathers, Says God, Nigerians Will Give Him Presidency
Obasanjo Blames Leadership Failures for Nigeria’s Insecurity, Poverty, Mass Migration
50 Years Later, In The Same Hall Built For FESTAC ’77: Afreximbank Finally Puts Money Behind Film About FESTAC ’77
‘They Were Warned’: Delta Govt Says Asaba Death Could Have Been Avoided If NDC Had Not Ignored Police Advice
Minimum Wage: NLC Rejects FG’s 2027 Timeline, Demands Immediate Talks
Lagos Shuts Church After Resident Complains of Sleepless Nights, Threats
Omo-Agege Alleges Thugs Attacked NDC Campaigners In Asaba, Demands Arrest Of Organiser
Gidan Taba Massacre: Bandits Burnt Family Of 12 Alive After They Locked Door To Escape Abduction In Zamfara
Three Killed, Seven Injured in Two Separate Road Crashes in Ogun
EFCC Boss To Churches: Reject Stolen Donations Like Adeboye Did
