A prosecution witness has told the Lagos State High Court in Ikeja that the wife of former P-Square manager, Jude Chigozie Okoye, owns 800,000 shares in Northside Music Limited, one of the companies involved in an alleged $1 million theft.
The witness, Peter Obumuneme Okoye, who is PW1 and a member of the music duo P-Square, made the disclosure before Justice Rahman Oshodi during the continuation of trial on Friday, December 12, 2025.
Jude Okoye and his company, Northside Music Limited, are facing a four-count charge filed by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), alleging diversion of funds exceeding $1 million. The defendant has pleaded not guilty.
During cross-examination, defence counsel Clement Onwuenwunor (SAN) presented bank statements belonging to Northside Music Limited. In response, PW1 stated that the accounts reflected joint business interests of the P-Square brothers.
“These statements of account belong to me and my brother. We are P-Square. The company belongs to Peter and Paul. It was registered by him,” he said. “I reported to the EFCC when I discovered funds were being diverted, and EFCC brought the matter to court.”
He further testified that he alerted his brother after discovering that another entity, Northside Entertainment Company, was allegedly diverting funds belonging to their entertainment business. He also confirmed that he petitioned the EFCC through his lawyer and that the defendant’s wife holds 800,000 shares in Northside Music Limited.
The defence sought to tender documents purportedly attached to the original petition submitted to the EFCC, arguing that they were crucial to their case. However, prosecution counsel M. K. Bashir objected, insisting the documents were public records not properly certified.
“The defence merely produced copies stamped as Certified True Copies. They were not attached to the petition and were not in proper legal form,” Bashir argued.
Justice Oshodi, in a brief ruling, agreed with the prosecution, holding that although the documents originated from the Corporate Affairs Commission and later came into EFCC custody, they failed to meet admissibility standards. “I reject the documents and mark them as rejected,” he ruled.
PW1 also confirmed that he wrote a statement at the EFCC after his lawyer submitted the petition.
The matter was adjourned to February 20 and 27, 2026, for continuation of trial.
