Jude Okoye, Peter’s Paul and Paul Okoye’s older sister, had returned home after spending two months in the detention of alleged diversion of funds.
The executive of the music was arrested and was later charged by the Economic and Financial Crime Commission (EFCC) for allegedly participating in the fraud conspiracy worth N1.38 billion.
Following his compliance with the provisions of the guarantee requirements at the ongoing N1.38 billion money laundering trial, the father of three children was released from Ikoyi prison.
Also read: Peter Okoye Testifies in Court of Jude’s Brother for Alleged N1.38BN, Differentism of $ 1 Million
Jude and his business, Northside Music Limited, were charged with seven accusations before judge A. Owoeye from the Federal High Court in Ikoyi, Lagos.
The accusations include laundering claims $ 34,537.59, $ 1 million, and N1.38 billion. On February 26, 2025, he was first charged and submitted an innocent request. He was given a guarantee N100 million.
He allegedly “deliberately lost his younger brother Peter from his legitimate income” by cheating in cash, including $ 767,544.15, £ 34,537.59, $ 133,566.49, and $ 118,652.20, for personal use, according to the prosecution.
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