EFCC Dismisses Peter Okoye’s Alleged $800,000 Fraud Claim Against Brother Jude

EFCC Dismisses Peter Okoye’s Alleged $800,000 Fraud Claim Against Brother Jude

The Economic and Financial Crimes Commission (EFCC) has reportedly dismissed a petition filed by singer Peter Okoye (Mr. P) alleging that his elder brother and former manager, Jude Okoye, was involved in the diversion of $800,000 meant for international music collaborations and business deals.

According to sources within the Commission, the petition lacked sufficient evidence to establish a prima facie case. Investigators reportedly concluded that the dispute appeared to be a private business disagreement rather than a criminal matter, noting that most of the transactions cited by Peter were internal family or managerial arrangements made during the height of P-Square’s joint career.

An EFCC official, who spoke on background, confirmed that while the Commission reviewed the documents submitted, the materials did not meet the threshold for a financial crime investigation.
The source added that the agency advised both parties to resolve the matter through civil litigation or arbitration if necessary.

The Okoye brother Peter, Paul, and Jude have had a long history of public disagreements since the group’s initial split in 2016. Although the music duo reunited in 2021, internal frictions have continued to surface intermittently.

Neither Peter nor Jude has issued an official public response to EFCC’s decision as of the time of filing this report.

Author: Bayo Balogun

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