Jude Okoye, brother of P-Sq.’s Paul and Peter and former supervisor of now-defunct music group P-Sq., has denied claims that he diverted thousands and thousands of {dollars} within the group’s royalties into non-public accounts accusation. One of many P-Sq. members, Peter Okoye, claimed that he found a secret firm referred to as Northside Music that Jude and his spouse Ifeoma Okoye allegedly used The problem got here to gentle after the corporate diverted funds from the group.
Nevertheless, throughout an Instagram Stay session, he denied the accusations, insisting that Northside Music was not a hidden entity. He defined that he based the corporate in 2013 with all of Peter’s information and even signed artist Cynthia Morgan below the label.
In response to current queries from the Financial and Monetary Crimes Fee (EFCC), Jude stated the funds have been his rightful share below an settlement to separate P-Sq.’s royalties into three elements. He additionally produced Company Affairs Fee (CAC) paperwork to show his authorized 40% stake within the group’s earnings.
He revealed that he has not been concerned with P-Sq. since 2016, stressing that the feud between Peter and Paul started in 2013 and finally led to the group’s official cut up in 2016.
Watch the video beneath
“The income from Psquare is shared between me, Peter and Paul. I take 40% they usually every take 30%” – Jude Okoye pic.twitter.com/zIMLpJcvIx
— Instablog9ja (@instablog9ja) August 18, 2024
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