As a follow up to his earlier open letter, Peter Okoye, one half of the popular music duo P-SQUARE, has denied accusations made by his twin brother Paul that he reported him to the Economic and Financial Crimes Commission (EFCC).
“I never reported my twin brother Paul to the EFCC,” Peter said in a statement on his social media account.
“I know many of you were disappointed when Paul accused me of doing so. He mentioned that I wrote a petition against him, which he claimed made the EFCC ask him to provide a surety. This statement suggested that he was detained, which is not true.”
According to Peter, the issue began when he discovered a secret company, Northside Music, founded by their brother Jude and his wife, Ifeoma.
“I approached Paul multiple times – at least four different times – asking if he knew anything about this secret company and the whereabouts of some of P-SQUARE’s royalties. Each time I met with him, he denied knowing anything about it.”
Peter claims that he only petitioned the EFCC about the secret company, Northside Music, which was diverting millions of dollars from their joint company, Northside Entertainment. “I gave clear instructions to my legal team, with a standing order, that under no circumstances should Paul be included in my petition. Their focus was to remain solely on the primary suspects, Jude Okoye and his wife, Ifeoma Okoye – since they were the directors of this secret company, Northside Music.”
Peter also challenged Paul to show any petition that he submitted against him.
“I hereby challenge Paul, or anyone else to show any petition that I, Peter Okoye, ever submitted against my twin brother Paul or that has Paul’s name on it.”
In a recent interview, Paul claimed that Peter petitioned him to the EFCC, which Peter denies.
“Paul’s recent interview about the EFCC incident contains a lot of lies. He claimed I petitioned him, but that’s not something that ever happened to Paul. The truth is, this was something that actually happened to Jude.”
According to Peter, Jude was detained after being questioned by the EFCC and admitted to diverting millions of dollars of their money to the secret company. “All of Jude’s bank accounts were immediately frozen. He was eventually released on bail after he managed to provide a surety and met the other bail conditions.”
Peter also revealed that the EFCC investigation found that Northside Music had been secretly collecting P-SQUARE’s royalties over the years. “These royalty money were sent to a bureau de change, then transferred to Jude’s personal bank account. A closer look at Jude’s account statement revealed that once the money entered his personal account, there were multiple transactions where he was splitting the funds equally with Paul, without Peter.”
Peter claims that Paul has been telling people that the EFCC has cleared him, but he denies this. “This is the reason why Paul has been telling everyone that the EFCC has cleared him, as if I ever wanted him to get into trouble with the EFCC.”
In conclusion, Peter said, “The story is very long, but I will tell it all in due time. For now, I will stop here until the EFCC sends the final report to my legal team. Once that happens, before heading to the law court, I will make the exact petition that doesn’t include Paul’s name public. I will also release the EFCC final report, receipts, and other documents related to this secret company, including the CAC registration, bank transactions, and bank statements that Jude set up with his wife, Ifeoma Okoye.”
