Alleged ₦1.3 Billion Fraud: Court Grants P-Square Brother, Jude Okoye ₦100 Million Bail
Sun, March 2, 2025 | Nigeria
Naija News reports that the Economic and Financial Crimes Commission (EFCC) has brought charges against Okoye for laundering a total of ₦1.38 billion, $1 million, and £34,537.59. He entered a plea of “not guilty” to these charges and was initially placed in the Ikoyi correctional facility by Judge Alexander Owoeye of the federal high court in Ikoyi, Lagos. His attorney, Inibehe Effiong, had sought to have him held in the custody of the EFCC until the hearing, a request that was opposed by the prosecution, represented by counsel Larry Peters Aso. During the proceedings on Friday, the defense submitted a bail application, which the prosecution contested with an affidavit asserting that Okoye is a potential flight risk and might tamper with witnesses. ...
