EFCC To Arraign Jude Okoye For Alleged $1m Theft

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The Economic and Financial Crimes Commission (EFCC) will today arraign Jude Okoye, the elder brother and former manager of Paul and Peter Okoye of the defunct music group, P-Square, on a fresh charge of $1 million and £34,537.59 theft before the Lagos State Special Offences Court sitting in Ikeja.
Justice Rahman Oshodi will hear the four counts charge filed before the court on Jan. 27th by the EFCC Prosecutor, Aso Larry Peters.
Jude Okoye’s arraignment before the court was initially slated for yesterday March 3rd but could not go on because the defendant was absent in court as the Ikoyi Correctional Centre where he was remanded said it had not received any information for his arraignment.
In the charge, the EFCC, accused Okoye of dishonestly converting to his own use the sum of $767,544.15, a sum which was paid to Lex Records limited as payment for music digital distribution/publishing royalties with intent to permanently deprive Peter Okoye his special interest in the asset.

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