Jude Okoye, the previous supervisor and director of the now-defunct P-Sq., has shed extra gentle on the group’s disaster, household disputes, and the allegations towards him.
PREMIUM TIMES reported that Paul, often known as Rudeboy, confirmed that the once-dominant music group disbanded in an interview with Metropolis FM and alleged that his brother, Peter (Mr P), filed a petition with the EFCC accusing him and Jude of economic misconduct, together with embezzlement of P-Sq.’s funds.
Lower than per week after Rudeboy’s interview, Mr P, in an open letter, detailed the occasions that led to their breakup and accused Paul and Jude of conspiring to wreck his status.
Peter additional alleged that Jude established a secret firm along with his spouse, by means of which he siphoned off P-Sq.’s funds.
Nevertheless, on Saturday, Jude denied Peter’s allegations in an Instagram Stay and blamed Peter for the failed P-Sq. reunion.
He mentioned: “P-Sq. began having points from the top of 2013 to early 2014. I attempted as a lot as doable to settle it as a result of it had been ongoing for some time, however throughout 2013-2014, the problems grew to become public. As soon as one thing goes public, it turns into tough to manage, as you possibly can’t take it again. So, from 2014, P-Sq. had points in 2015, 2016, and 2017, after which they took a break for nearly 5 years, returning on the finish of 2021. Now, they’re having points once more.
“I’ve not had something to do with P-Sq. for the previous eight years, however it’s all good; my title is Jude Okoye, and on account of what has been happening for the previous weeks, I’ve sat out, however I’ve to return and make this dwell video as a result of it wasn’t about me anymore however my household was concerned, and I’ve to return and let you know guys what it’s all about. I’m right here as a result of I used to be, in a technique or one other, concerned within the P-Sq. saga as soon as once more, although I haven’t had something to do with P-Sq. for the previous eight years.”
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Moreover, Jude expressed concern about his title being the fixed focus every time P-Sq.’s dispute was talked about publicly.
He disclosed that he had no involvement with the disbanded group however continued to be drawn into the turmoil that engulfed them.
He claimed he stepped down as P-Sq.’s supervisor and director in 2016, stating that he has devoted himself to his actual property enterprise since then.
Exclusion from P-Sq.
Jude alleged that Paul and Peter conspired to oust him from P-Sq. following their reconciliation in 2021.
He expressed shock at his exclusion from P-Sq., claiming that the 2021 reunion was supposed to determine the group’s issues and develop options.
“Paul referred to as me someday, and I went to his home. Peter was seated, and Paul was seated. I sat down. Then Peter mentioned that they had a gathering the day earlier than and determined they wouldn’t want me for the peace shifting ahead. I requested why. He mentioned that was the situation he gave Paul—in the event that they had been reuniting as P-Sq., Jude wouldn’t be concerned. And for individuals who say Paul all the time sides with Jude, Paul sided with Peter and acquired me kicked out of P-Sq..
“This occurred in early December 2021. I can’t bear in mind the precise date. Does that seem like somebody siding with Jude? However that’s simply by the way in which. So I mentioned no downside. Paul, you’ve been doing Rudeboy for nearly 5 years now. I gave you all of the assist and help you wanted. I even edited most of your movies, if not all, without cost. Did you ever pay me? Have you ever ever carried out a present as Rudeboy and paid me something? He mentioned no. I gave you all the help. He mentioned, ‘for 5 years, although no one knew what I used to be doing for a residing.’”
Moreover, Jude said that regardless of being ousted from the group, he vowed to proceed supporting them every time they wanted him.
He emphasised that his assist for P-Sq. was pushed by cohesion, not a want to make selections for the group.
“P-Sq. or no P-Sq., we nonetheless must maintain the brotherhood”, he mentioned.
Catalogue
Jude denied Mr P’s allegation that he conspired with Rudeboy throughout P-Sq.’s disputes, noting that each brothers signed paperwork to take away him from the P-Sq. catalogue, just like how they eliminated him from P-Sq..
He said that he returned {the catalogue} to Peter and Paul after their reconciliation in 2021, however they refused to share their quarterly royalties with the group’s account.
He mentioned, “I did the noble factor by returning {the catalogue} in order that the three of us may proceed sharing it equally as regular, which was what was anticipated of me. However surprisingly, they refused to return theirs. As I’m talking, they maintain the royalty publishing they obtain quarterly. I’ve returned the one I used to be holding, and the three of us have been sharing since early 2022.
“After eradicating me from P-Sq., they wish to take away me from {the catalogue}; the one legacy I’ve to point out is that I used to be as soon as part of P-Sq.. Paul and Peter signed it with their two managers, M.M. and Sheu. I’ve the doc with me right here. I see no motive individuals maintain saying I’m siding with Paul or that Paul is siding with me. That’s the sport Peter is aware of you all maintain falling into, so he’ll maintain doing it so long as he can.”
Royalties
Additionally, Jude said that the allegation of diverting P-Sq.’s royalties Peter levelled towards him was false.
“Then, abruptly, the royalty factor shifted when he found that every one the allegations didn’t maintain something as a result of he instructed EFCC that I used to be a bystander. It was established that I used to be half and parcel of P-Sq. on paper. So we went again to 2008 and 2009 once we got here to Lagos, the primary account we ever opened for me to elucidate each transaction that occurred in our account for nearly 19 to twenty years.
“EFCC mentioned each cash that has my title on it within the account should be defined, and I used to be capable of, by His (God) grace, if not all of them, a lot of the accounts that he was pointing at. I believe that’s how he was attempting to get Paul concerned in the entire thing, saying that Paul and I had been sharing cash with out giving him his share. He identified an account the place Paul had $100,000, and there was none for him. And that place the place Paul had $150,000, there was none for him. Then I used to be like, let me go and have a look at it and discover out what as a result of it’s been like that since 2013 and 2014. I mentioned, let me go and verify. That was about ten years in the past.”
He added that Peter would all the time search for a approach to convey him into bother, noting that he had by no means diverted the music group’s cash.
“I got here again with my defence, and I used to be like, this $100,000 he’s complaining about was the identical day he acquired engaged to his then-girlfriend, now spouse. Paul didn’t purchase Vary Rover for anyone. He requested me to place his personal in his account, and I did that. Why is he (Peter) calling EFCC on me to return and clarify what Paul is doing with $100,000 in his account if you use your individual to purchase a Vary Rover to have interaction your spouse the identical day? The second, $150,000, was made in the midst of January 2014.
“You (Peter) instructed me you needed to purchase a Bentley. I gave you $200,000. Paul mentioned I’m not shopping for a Bentley. Put $150,000 in my account and ship me $50,000 to go to America to have enjoyable with. You (Peter) is asking me to return to EFCC to elucidate why Paul has $150,000 in his account, and also you don’t have yours. Paul has $150,000 in his account; you had a Bentley. There was one once more that he (Peter) held very pricey. That’s when cash acquired into our account, $25,700 and one thing thousand {dollars}, and Paul and I got here and cut up the cash in half inside 4 hours.
“I noticed it, and I used to be questioning why $25,000 would get into our account. Paul and I’ll share the cash in two instantly. I went again and checked, and behold, Peter wrote an e mail telling our shopper that they need to cut up the cash into three and ship him his personal as a result of P-Sq. is having points, and he doesn’t need the cash to be put in our basic account.
“Jesse (their shopper whose title wasn’t talked about in full) ) now wrote an e mail saying, gents, after discussing individually with the three of you, that is how the cash will probably be shared. Jude plus Paul to Peter, $12,850. Peter’s cash was despatched to him instantly. Jude plus Paul’s cash was forwarded to the Northside Leisure account, which he now noticed within the account and picked up and mentioned, that is the proof that Jude and Paul are sharing cash behind his again. This occurred in 2016, and EFCC is holding me, asking me, and interrogating me to elucidate. Every thing about this EFCC factor is simply mind-boggling and loopy.”
Secret firm
Jude denied Mr P’s allegation that he established a secret firm with Rudeboy and his spouse to misappropriate P-Sq.’s funds.
Jude claimed that the corporate in query was Northside Leisure, which was used to handle P-Sq.’s affairs.
“This secret firm is none aside from Northside Music. How is it a secret firm to Peter all of a sudden in 2024? How has Northside Music, which had a CAC certificates registration since 2015, turned secret? In accordance with him, the tackle of the hidden firm was my spouse’s tackle, and that’s how he acquired my spouse concerned. Please have a look at the tackle right here. So why wouldn’t it say this is similar Squareville (home they had been residing) tackle the place the three of us, Peter, Paul and Jude, dwell, or as a substitute, we had been residing there? That was the tackle that was used to open the key firm. Peter has to search for a approach to make no matter has to do with my account look fraudulent. I don’t perceive.
ALSO READ: P-Sq. Royalties: How Jude, spouse diverted tens of millions into secret account for years – Peter alleges
“This has been registered for 9 years. Citamorgan was signed in October of 2013. Then I wasn’t anticipating to signal Citamorgan such as you individuals already know. The contract was ready by Citamorgan. They got here to my room begging, so I didn’t have any firm with which I ran. I’m already operating with Northside Leisure, which was P-Sq. and me. I wish to make it a bit firmer then; I now use the letterhead of Northside Leisure to print the primary web page of that settlement. However no matter write-up in regards to the deal is about Northside Music Inc.
He added that his spouse’s title was on the corporate administrators’ listing as a result of company accounts couldn’t be opened in Nigeria as a single entity in 2015.
“So I needed to get her inside as my second director, and that was how her title ended up on this doc. After I went to the EFCC, we needed to sit with the EFCC boss, the three of us. And the person requested Peter, why do you wish to contain Jude’s spouse? We’ve investigated for six months. There’s nowhere, how, or implies that now we have discovered any connection that has to do together with her. They only used her title as a second director within the firm registration. She’s not in banking.
“She doesn’t have entry to the account. She doesn’t have any safety. She’s not secured to the account. Why do you all the time wish to have her concerned? I’ve instructed you many occasions to go away her out of this.
Spouse’s involvement
Jude said that Peter attributed the inclusion of his spouse’s title among the many suspects to due to his alleged adverse social media posts about his spouse.
“Peter answered that he needed to get her concerned as a result of if the desk had been turned the opposite manner round, he would contain his spouse. He ought to see what I (Jude) was speaking about his spouse on social media. Generally, I maintain saying from 2016 that Peter wants assist. Peter wants prayer. It seems like I’m making a jerk of him, however that’s the actual fact.
“There’s nothing I’ve not carried out to the purpose that I’ve left P-Sq. for you for eight years. I’m not managing you. I’m not directing for you. I’m not providing you with any opinion. I’m not. There’s nothing. You’re going your manner. I’m going my manner. I want you guys properly. If you guys returned in 2021, you referred to as me to return and be the supervisor. No, I instructed you, let’s benefit from the failure for a day or two. We have to come collectively and discover out when that is over”.
Settlement
Jude additional accused Peter of constantly sabotaging P-Sq.’s reconciliation efforts.
He claimed that quite a few influential people had tried to reconcile the brothers however alleged that Peter would all the time undermine these efforts.
“We’ve relations. We’ve Igwes; now we have older adults. However the query is, how come none of them ever make or don’t make any imputes? They’ve. Igwe of our village have. Governors, Ministers, our aunties, uncles, all of them have. Peter doesn’t take heed to anyone. See, I’m not attempting to place Peter down. I’m not attempting to make him look dangerous. I’m not attempting to say I’m a saint. I’m simply attempting to say there may be nothing humanly doable that folks haven’t carried out.
“They hear from me, they hear from Peter, and so they’re making a closing submission, and when the submission goes in the direction of Peter, he walks out. They acquired drained, and so they forgot about it. I additionally acquired drained, forgot about it, and moved on. Now, everyone retains saying, Jude, go and settle your brothers. You’re the elder one. I’ve two elder brothers. Excuse me for being their elder brother, however please, anyone who doesn’t regard you or respect you as an elder, how do you inform that individual or put that individual so as? If a referee turns into a goal of two boxers you’re imagined to referee, how does it settle the struggle?”
EFCC
Narrating his EFCC expertise, he mentioned: “February ending, I began getting calls from folks that I’ve carried out companies with, folks that I’ve made funds to, and folks that have made funds to me, in reality, each transaction I’ve ever had, telling me that EFCC invited them to return and account for no matter enterprise that they had with me as a result of most of them are on area account. So, I consider the issue is with the brand new authorities in place and that they’re chasing Binance; they’re chasing everyone, and that’s making the FX rise.
“I used to be like, they’ll simply have a look at it and transfer previous. Till anyone who paid Naira into the account referred to as me and instructed me, they requested him to return and clarify what he did and what the N500,000 he paid into my account in 2015 was for. Then I used to be like, this isn’t about FX or Binance anymore; one thing fishy is going on. So, it’s saved on coming like that. All people I’ve ever carried out enterprise with was calling me totally different individuals.”
Moreover, Jude added that two days earlier than his birthday, the anti-graft company invited him and discovered Peter had written a petition towards him and Paul for diverting Psquare cash.
He mentioned he went with a P-Sq. lawyer, including, “They opened the file and requested me if this cash was present in your account. I mentioned sure. This cash belongs to P-Sq.. I mentioned sure. So, what’s it doing in my account? Why are you asking me what P-Sq.’s cash is doing in my account? It’s my share of P-Sq.. They had been like, no, there’s a petition towards me. I mentioned they need to let me see what the petition was about. Then they gave me the petition. That’s after I knew Peter had written the petition towards me in December 2023.
“The petition says I opened a secret firm. I used to be like, no, that is royalties. Paul has the identical publishing royalty coming to him each quarter. Peter had agreements with the three of us about something that needed to do with P-Sq.. Peter will get his personal; he shares it with us. Paul will get his personal; he shares it with us. I acquired my very own; I shared it with two of them. That’s the way it went till 2017 when P-Sq. had points. Peter stopped sharing. Paul got here and gave me my. I believed you would maintain your cash as a result of Peter has stopped sharing.
“So I believe what’s going to occur now’s that everyone ought to begin retaining what they get. As a result of Peter is incommunicado now, no one can attain him. So I believe that’s one of the best factor. Paul was like, let everyone maintain what they get. And that’s the way it has been for over 4 and a half to 5 years, or till 2021 November, once they got here again collectively.”
MOU and CAC paperwork
He said that Peter’s petition accused him of being an unemployed graduate from Jos who was given a managerial place following the dying of their former supervisor.
“They (EFCC) mentioned, however the two (Paul and Peter) are P-Sq. as a result of he (Peter) mentioned I used to be an unemployed graduate from Jos who didn’t have any job, and once they had points with their former supervisor, they now invited me to return and handle P-square for them so I will be on wage. I instructed him no, however I used to be the one which introduced them to Lagos. I used to be the one who even made the group P-square.
“I mentioned after I’m coming tomorrow, I’m going to convey my CACs, MOUs, and each doc I needed to show that I’m not only a bystander. I’m half and parcel of P-square. I didn’t include my foremost lawyer the following day, as a result of it was my birthday. I gave all of them the paperwork. They checked out it and puzzled if Peter had signed it. I mentioned, have a look at his signature. That is the CAC that may open the corporate with each Sq. Data and Northside Leisure. They had been like, I’m much more than P-square. They mentioned I’m entitled to 40 per cent shares. Why had been the 2 of them entitled to 30 per cent every? I mentioned I used to be not imagined to say it with my mouth. Then they mentioned, okay, if that’s the case, so I ought to come and show to them that now we have an MOU and are imagined to share it equally. I mentioned if the CAC isn’t sufficient, now we have an MOU. That is the MOU. The MOU clearly said that the P-square includes three entities, Peter, Paul, and Jude.”
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