Daddy Freeze Reacts As Jude Okoye Faces Charges From EFCC Over Supposed N1.3Bn Fraud

• It is now well-known that the Okoye brothers have been in conflict for several months and have openly shared their issues on social media.

Nigerian social media users were surprised to learn that the elder brother and former manager of P-Square is facing court charges for an alleged fraud involving N1.3 billion, $1 million, and £34,537.59.

It is now well-known that the Okoye brothers have been in conflict for several months and have openly shared their issues on social media.

According to the Vanguard, one of the charges states:

“That you, Jude Okoye Chigozie and Northside Music Ltd, sometime in 2022 in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos worth ₦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful acts, thereby committing an offence contrary to Section 18 (2)(d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”

Another accusation claims that in 2022, Okoye and his company used a currency exchange to change $1,019,762.87 from an Access Bank account linked to Northside Music Ltd into naira. They then moved the money into different bank accounts to hide where it came from.

In response to the situation, Daddy Freeze suggested that PSquare should manage their family matters privately.

He pointed out that many people online deal with family issues, yet they manage to keep it private and away from social media.

See the video here:

See some comments below:

@chrisemilomedia said: “So make him keep quiet in the name of family and allow them to rip off his hardwork Abi ??? Oga na family wey respect me I go respect.”

@kingjudeversion: “Why did Jude have to siphon money from the business ? If the gentleman approach is not working I think you have to take the other way. Family is not determined by blood ties it’s determined by loyalty , love and respect.”

@franckobarezi: “Family or no family, him divert fund abi he no divert???? Covering under family ties to hurt the same family member. Let love lead sha.”

@pharm_heljoe: “Did Peter try sorting it out with his brother initially? Did rude boy instead of addressing the issues amicably at a point told Peter to go do his worst? .. if yes …Toor.”

@ibeh.fabio: “Family no dey for money matter ooo cos nobody will feed u when u go broke.”