By Adedapo Adesanya

Former P-Square manager, Mr Jude Okoye, has dismissed fresh allegations by his younger brother, Peter Okoye, professionally known as Mr P, insisting he never diverted the group’s earnings.

His response comes after Mr P claimed that the proposed sale of the defunct group’s multi-billion Naira music catalogue collapsed due to financial irregularities, including disputes over royalty payments, backend records and access to the group’s digital assets.

The music executive described the allegations as “blatant lies” and “manipulative tactics,” arguing that the issues raised by Mr P had already been investigated by the Economic and Financial Crimes Commission (EFCC) and are currently before the Federal High Court in Lagos.

“So, what is he doing, coming out again now, if not to spill emotional blackmail, manipulate, and make me look like a bad person by dragging Paul into this?” he said.

Responding to allegations that he diverted royalty payments, Mr Okoye said the disputed funds were distributed based on instructions contained in a June 1, 2016, email from Arrow Kings and IROKO.

According to him, the correspondence directed that Mr P receive $12,891, while $25,782 meant for Jude and Paul be paid into the Nosa Entertainment account.

He argued that Mr P presented only part of the transaction publicly, creating the impression that he and Paul had appropriated funds belonging to the entire group.

Jude also rejected claims that his younger brother was excluded from the group’s bank accounts.

Displaying what he said were account mandate documents from FCMB, he maintained that Peter, Paul and himself were all authorised signatories to P-Square’s accounts, disputing claims made by Peter.

He further claimed the matter was addressed during court proceedings, where Peter allegedly acknowledged being a signatory after documentary evidence was presented.

Addressing the controversy surrounding the proposed catalogue sale, Jude denied withholding backend records or streaming data from potential investors.

He said Peter requested royalty statements and catalogue documents on October 16, 2022, after which he immediately contacted Lex Records.

According to him, the financial statements were forwarded the same day, while the backend logs were received six days later and sent to Peter without delay.

He therefore dismissed claims that it took more than three months to provide the documents, describing the allegation as false.

Jude maintained that the disputed royalty payments, email correspondence and supporting documents had already been reviewed during the EFCC investigation.

He claimed Peter and his legal representatives were shown the records during the probe and raised no objections at the time.

Accusing his younger brother of attempting to retry the matter on social media while the case remains before the court, Jude said the videos were intended to manipulate public opinion and drag Paul Okoye into the dispute.

Jude said he would leave the issues to be determined by the court, adding that Peter had failed to attend some recent court sittings, resulting in the matter being adjourned until September. He also claimed his bank accounts, passport and travel documents remain restricted because of the ongoing proceedings.

“If I’m found guilty, if they prove I took even one Kobo that wasn’t mine, let them send me to jail. I’m ready for that,” he said.

As of the time of filing this report, Peter had not publicly responded to Jude’s latest claims. The criminal proceedings remain pending before the Federal High Court in Lagos, where Jude has pleaded not guilty to the charges brought against him.

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By Adedapo Adesanya

Mr Peter Okoye, professionally known as Mr P, has alleged that a proposed multi-billion Naira sale of the defunct P-Square’s music catalogue collapsed after prospective buyers uncovered irregularities during the due diligence process.

This revelation offers a fresh financial dimension to the long-running dispute that has divided Nigeria’s most successful music duos.

The singer made the allegation in a video series posted on his social media pages, where he shared his account of the events surrounding the group’s 2021 reunion and the disagreements that followed with his twin brother, Mr Paul “Rudeboy” Okoye, and their elder brother and former manager, Mr Jude “Engees” Okoye.

According to Mr P, the failed catalogue transaction occurred after the brothers publicly reunited in 2021.

He alleged that interested buyers had made offers worth billions of Naira for the rights to P-Square’s music catalogue, but the proposed deal did not proceed after issues were allegedly discovered in backend records submitted as part of the due diligence process.

As of press time, neither Rudeboy nor Mr Jude Okoye has publicly responded to the latest allegation.

Mr P’s claims add another layer to the financial disagreements that have repeatedly overshadowed the affairs of the award-winning music duo, whose catalogue includes hit songs such as Bizzy Body, Do Me, Personally, No One Like You and Chop My Money.

Beyond the alleged failed sale, the singer claimed that shortly after the brothers reconciled in 2021, he was asked by his two other brothers to sign documents aimed at reviving P-Square under a new bank account.

The music maker said he declined because he wanted to preserve the renewed family relationship rather than return to a business arrangement he believed could recreate the conflicts that had led to the group’s earlier split.

Mr P also alleged that before the reunion, both Rudeboy and Jude had disagreed over a N90 million loan. According to him, Rudeboy assured him that he would be kept informed about discussions taking place behind his back.

The singer insisted that the widely celebrated reunion in November 2021 was never intended to revive P-Square as a commercial entity. Instead, he said the brothers had only agreed to reconcile as family members while continuing their respective solo music careers and supporting each other’s work.

P-Square, formed in 1999 by Peter and Paul Okoye with Jude serving as manager, became one of Africa’s biggest music acts before publicly splitting in 2017 following years of disagreements over management, finances and creative control. Although the brothers reunited in 2021 and returned to the stage, their relationship deteriorated again, with Rudeboy later confirming that P-Square no longer existed.

The latest revelations also come against the backdrop of an ongoing criminal case involving Mr Jude Okoye.

Last year, the Economic and Financial Crimes Commission (EFCC) arraigned the former manager before the Federal High Court in Lagos on allegations involving approximately N1.38 billion, $1 million and £34,537.59 in alleged money laundering. He has since pleaded not guilty and was granted bail.

Mr P, who testified for the prosecution during the trial, said his video series is far from over and promised to continue sharing what he described as the true story behind the collapse of P-Square and the business decisions that ultimately strained the family’s relationship.