REALLY!! I Took 40 Percent Of PSquare Proceeds While They Shared 30 Percent Each – Jude Okoye

Jude Okoye, former manager and elder brother of the renowned music duo PSquare, has refuted allegations of fraud made by Peter Okoye.

In a recent Instagram live session, Jude clarified that the group’s income was distributed equally among him, Peter, and Paul, with each receiving a predetermined percentage.

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According to Jude, the agreed-upon sharing formula was 40% for him and 30% each for Peter and Paul.

To substantiate his claims, Jude shared documents and a Memorandum of Understanding (MOU) with the Economic and Financial Crimes Commission (EFCC).

He also revealed that the rift between the twins, which led to the group’s official split in 2016, began in 2013. Jude’s statements aim to set the record straight and clear his name amidst the ongoing feud.

He said:

“I went to the EFCC office with just Paul. I didn’t go with my lawyer. I gave them all the documents, an officer looked at it and asked if Peter signed. I pointed at his signature for him. I showed him the CAC certificates used in opening both Square Records and Northside Entertainment.

“They were like, you’re even more than P-Square. I said I don’t understand what you mean. They said, look, you’re entitled to 40 per cent shares while the duo are entitled to 30 per cent each. I said, well, I’m not supposed to say it with my mouth, you can see for yourself.

“EFCC officers started asking me some irritable questions like where I got the money to build my house in Ikoyi,” Jude recalled. noting that the building was partly financed by selling his house in America and borrowing money from colleagues.

“I have not been with P-Square for the past eight years, since 2016,” Jude stated, revealing that the rift between the twins began in 2013 and continued until the group officially split in 2016″.