EFCC files fresh charges against Jude Okoye after N100M bail
The Economic and Financial Crimes Commission (EFCC) has filed fresh charges against Jude Okoye, the former manager of the defunct music duo, Psquare, following N100 million bail.
Earlier, a Federal High Court in Lagos granted Jude Okoye N100 million bail amid money laundering allegations.
However, trouble brews for Jude Okoye as EFCC files fresh charges against him, accusing him of financial misappropriation.
The petition alleges that Jude Okoye and Northside Music Limited misappropriated an aggregate sum of $767,544.15.
This amount was paid by Lax Records Limited as payment for digital distribution and publishing royalties, with the intent to deprive Peter Okoye of his special interest in the property.
The petition stated that the act is contrary to Sections 278 and 285 of the Criminal Code of Lagos State, 2011.
According to recent reports circulating online, Jude Okoye has been remanded in Ikoyi prison.
Check out reactions that have followed below….
Hassan Bello remarked, “This is bad honestly ,am also a twins and is very unfortunate that it has reach to this level”.
Jay Cool stated, “Hand don hold am, better pay your brother em money because no lawyer go defend this fraudulent case wey clear like dstv . No amount of English wey ur lawyer go speak to save you oga Jude”.
Chika Odiri added,“The most stupid and useless set of twins and family in IGBO Lands”.
Morgan John added,“This family likes social media fight without finish I swear ”.
