Former manager for P-Square, Jude Okoye, has been released on bail after spending two months in Ikoyi prison in an ongoing N1.38 billion money laundering trial.
Jude, the elder brother to music stars Peter and Paul Okoye, alongside his company, Northside Music Limited, are being tried by the Economic and Financial Crimes Commission, EFCC, on seven-count charges.
The charges include allegations of laundering N1.38 billion, $1 million, and £34,537.59. He pleaded not guilty when first arraigned on February 26, 2025, and was granted bail set at N100 million.
The prosecution alleged that he fraudulently converted funds, including $767,544.15, £34,537.59, $133,566.49, and $118,652.20 for personal use, “deliberately depriving Peter of his rightful earnings”.
For these fresh charges, Jude was granted another bail of N50 million. On April 23 , 2025 Wednesday evening, Paul took to his Instagram page to announce that his older brother had been released from prison.
He shared videos of Jude leaving the prison and reuniting with his family after being away for two months.
“Jude is finally out after 2months + all their efforts to frustrate his bail has finally collapsed. Welcome home brother @judeengees And happy birthday,” he wrote.
Read also: Peter of P-square testifies in alleged N1.3bn fraud against brother, Jude
