The trial of Jude okoye, the former manager of Psquare group, on the alleged money laundering to the tune of ₦1.38 billion, $1 million, and £34,537.59, commenced before a Federal High Court, Lagos with his younger brother, Peter Obumuneme Okoye, testified against him.
Led in evidence by the prosecution counsel Aso Larry, Peter, who introduced himself as peter Obumuneme Okoye, told the court, how his brother, Jude incorporated another company to collect their royalties. Peter told the court that the management of their music company under the respondent have been shrewd because the respondent who is the sole signatory refused to make the company account known to them.
He said sometime for couple of months, he will not have access to funds until their lawyer who is now the minister of aviation, Festus keyamo (SAN) came suggested there should be sharing formula. He told then court that he discovered there was a reply from company used by the defendant to do business on their behalf when the group came back together after 5 years of disbandment and the defender was no longer their manager.
He accused his twin brother, Paul of connivance saying he made a discovery that the same aggregators handling P-square's music company are the same aggregator handling Paul and the defendant, and that he then approached Paul that he should give them the albums of Psquare, but Jude and Paul were not comfortable with that.
Discussion0