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Alleged $1m Fraud: P-Square’s Peter Lied About Education, Royalties, Bank Access–Defence Lawyer

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In a dramatic turn of events in the ongoing fraud trial involving Nigerian music star Peter Okoye of P-Square and their former manager Jude Okoye, the defence counsel, Clement Onwuenwunor, SAN, on Friday accused Peter of deliberately misleading the Economic and Financial Crimes Commission, EFCC, with false and contradictory claims.

The EFCC had arraigned the defendant alongside his company, Northside Music Ltd on a four-count charge.

In one of the counts, Jude and his Northside Music Limited allegedly dishonestly converted the sum of $767,544.15 to his use.

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The defendant, however, pleaded not guilty to the charge.

In his evidence in chief on May 16, Peter had narrated how he was allegedly defrauded by his brother Jude and Northside Entertainment.

However during cross examination, on Friday, defence lawyer, Onwuenwunor pointedly told the Lagos High Court, Ikeja, presided over by Justice Rahman Oshodi that Peter’s testimony was riddled with inconsistencies and outright fabrications intended to mislead the EFCC and tarnish the reputation of the defendant, Jude Okoye.

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READ ALSO: EFCC Arraigns Lawyer For N41m Fraud In Enugu

During a heated cross-examination, the defence discredited Peter’s earlier statement to the EFCC in which he described himself as a graduate of the University of Abuja.

Contrary to that claim, Onwuenwunor revealed that Peter had, in fact, dropped out of the institution.

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When confronted with the discrepancy between his oral claims and written EFCC testimony, Peter attempted to backtrack, stating that he had only said he “attended” the university.

However, the defence tendered the EFCC’s documented records in which Peter specifically described himself as a “graduate,” prompting him to admit in open court that he had not completed his studies.

Onwuenwunor further presented documentary evidence proving that Peter and his twin brother Paul were not only aware of but also had signatory access to Northside Entertainment Limited accounts.

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Contrary to Peter’s earlier claim that Jude Okoye was the sole signatory and that he had no access to financial dealings, the defence produced a bank mandate clearly stating that Jude was a Category A signatory, while Peter and Paul were Category B signatories.

READ ALSO: DSS Grants Nnamdi Kanu’s family, lawyers Access After Pressure

The defence counsel also submitted bank statements that showed Peter personally withdrew large sums in both naira and dollars from the company’s account.

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There were also multiple direct transfers made to him by Jude Okoye. These records stood in direct contradiction to Peter’s sworn statement that he never benefited financially from the company or from any deals executed under Jude’s management.

Onwuenwunor also questioned Peter over his claim regarding royalty payments from Mad Solutions, the company handling the P-Square music catalogue.

Peter had previously testified that he was unaware of the contract with Mad Solutions and had only received $25,000 and $20,000 in royalty payments, implying that Jude had siphoned the larger share.

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But the defence countered the narrative by presenting documents to the court confirming that the agreement with Mad Solutions was signed by all three parties—Jude, Peter, and Paul—and that each had equal entitlement to royalty payments.

READ ALSO: Rivers Crisis: Legislative Lawyers Ask Supreme Court To Review Judgement

The document contrary to Peter’s assertion, according to the defence, revealed that he actually received $4,330.47 and $5,837.35 as his first and second payments, respectively—figures far lower than the $25,000 and $20,000 he claimed under oath.

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“Peter’s testimony before the EFCC is riddled with lies and misrepresentations. He has made multiple assertions that have now been shown to be false under cross-examination. This is not just a matter of forgetfulness. This is an intentional effort to mislead investigators and this honourable court,” Onwuenwunor told the court.

Justice Oshodi, while admitting several of the bank documents and EFCC statements into evidence, advised the defence to ensure all documents are made available to the prosecution ahead of further proceedings.

If you intend to use a document, make it available to them to make the trial faster,” the judge said.

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The trial was adjourned to October 10 and 17, 2025, for continuation of trial.

 

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Why I Stopped Attending Church Service – Funke Akindele

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Famous Nollywood actress, Funke Akindele, has opened up on why she lost interest in attending church service.

The actress who made the revelation in a Snapchat video on Sunday, stated that she stopped going to church because attention often shifted to her rather than the service.

While explaining that she’s always the one they take pictures of, the actress said she now joins church service online.

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READ ALSO:Drama As Eniola Badmus Challenges Funke Akindele To Celebrity Boxing Fight

Akindele said “Anytime I go to church, I am always the one they take pictures of. So I will join online.”

Recall that in 2022, Akindele openly identified herself with the Celestial Church of Christ.

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“Every time I have challenges I go to the Celestial church quietly at night for solutions. But I have to stop hiding and publicly identify with the church”, she said.

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‘My Mum Started Quoting Bible’ — Shank Sparks Debate After Tattoo Confession

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Popular Nigerian content creator, Shank has stirred reactions online after opening up about a personal clash with his mother over tattoos, while also revealing a fresh body ink linked to his “Lit Gang” identity.

The revelation surfaced in a recent viral video shared on his social platforms, where he recounted the moment he tattooed his mother’s name, “Oluremi,” on his arm.

According to him, what he expected to be an emotional moment quickly turned tense.

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The day I tattooed my mum’s name on my arm, she started crying and quoting Bible,” Shank said.

READ ALSO:Drama As Eniola Badmus Challenges Funke Akindele To Celebrity Boxing Fight

He explained that his mother strongly opposed the act, citing religious reasons and warning him against marking his body.

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“She told me, ‘did I ask you to draw my name? I don’t like it. Don’t do tattoo again. God said don’t mark your body,’” he recalled.

Shank, however, said he challenged her stance by pointing out what he described as a contradiction.

“I asked her, if you say I should leave my body the way God created it, why do you shave your hair? You that shave hair and me that draw tattoo, we are committing the same sin,” he added.

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READ ALSO:Grandfathers Arrested For Drug Trafficking

The content creator used the moment to advise young people navigating similar situations with parents, stressing the importance of independence when making personal decisions.

“Just make sure you’re independent before doing what your parents are not comfortable with,” he said.

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Amid the conversation, Shank also unveiled a new tattoo on his back with the inscription “Lit Gang,” a move that has further fueled reactions among fans.

While some social media users backed his arguement on personal choice and self-expression, others sided with his mother, citing cultural and religious concerns about body markings.

The development has continued to generate debate online, highlighting the growing tension between traditional beliefs and modern youth culture in Nigeria’s entertainment space.

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Drama As Eniola Badmus Challenges Funke Akindele To Celebrity Boxing Fight

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Popular Nollywood actress, Eniola Badmus, has challenged Funke Akindele to a celebrity boxing fight.

This came a few hours after Nigerian streamer, Carter Efe defeated Portable in a celebrity boxing match.

Carter Efe defeated Portable on Friday to win the N50 million prize.

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Following Carter’s victory, E-Money, a Lagos-based socialist gifted him N50 to celebrate his win.

READ ALSO:Funke Akindele Snubs Toyin Abraham At Iyabo Ojo’s Premiere (VIDEO)

Prior to the match, popular talent manager, and music executive, Soso Soberekon, gave N40 million to Carter Efe and Portable each.

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However, speaking in a now viral post on her Instagram page, Eniola Badmus challenged Funke Akindele to a boxing fight and called on E-Money and Soso Soberekon to sponsor the match.

She wrote “Funke Akindele, let’s get on the boxing ring. It’s about time. Soso, E-Money, let’s get to it. No time. Money has to be made.”

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