The elder brother and former manager of the now-defunct music group P-Square, Jude Okoye, has opened up about the sharing formula used to distribute the group’s earnings. His revelations come amid the ongoing public feud between the twin brothers, Peter and Paul Okoye, who were the faces of P-Square.
The once-famous music duo, known for their chart-topping hits and electrifying performances, first parted ways in 2017 to pursue solo careers. Although they briefly reconciled in November 2021, their reunion was short-lived, and tensions between them have since resurfaced, leading to another fallout.
Recently, Paul accused his twin brother Peter of orchestrating his arrest by the Economic and Financial Crimes Commission (EFCC). In response, Peter denied the allegations and countered with accusations of his own, claiming that Jude had siphoned millions of dollars from their joint account into a secret company.
Amid these allegations, Jude Okoye took to Instagram Live to clear the air and express his frustration at being repeatedly dragged into his brothers’ disputes. Jude rubbished Peter’s fraud accusations, claiming that Peter had twisted the situation to make it look fraudulent. He then explained the financial arrangement that was in place during P-Square’s active years.
According to Jude, the proceeds from P-Square’s earnings were divided between him, Peter, and Paul. Jude revealed that he took 40 percent of the group’s earnings, while Peter and Paul each received 30 percent. He strongly denied any wrongdoing or diversion of P-Square’s royalties into a private account.
To support his claims, Jude recounted his visit to the EFCC office, where he presented all necessary documents to prove his innocence. “I went to the EFCC office with just Paul. I didn’t go with my lawyer. I gave them all the documents, and an officer looked at it and asked if Peter signed. I pointed at his signature for him. I showed him the Corporate Affairs Commission (CAC) certificates used in opening both Square Records and Northside Entertainment,” Jude said during the Instagram Live session.
He added that the EFCC officers themselves acknowledged that he was entitled to 40 percent of the shares, while Peter and Paul were each entitled to 30 percent. “They were like, you’re even more than P-Square. I said I don’t understand what you mean. They said, look, you’re entitled to 40 percent shares while the duo are entitled to 30 percent each. I said, well, I’m not supposed to say it with my mouth, you can see for yourself,” Jude recalled.
Jude further explained that he had a memorandum of understanding (MOU) to back up the agreed-upon sharing formula. Despite presenting this evidence, Jude revealed that the EFCC officers began asking him unrelated questions, such as where he got the money to build his house in Ikoyi. Jude clarified that the house was partly financed by selling his property in America and borrowing money from colleagues.
Reflecting on the history of the group’s troubles, Jude disclosed that he has not been involved with P-Square for the past eight years, since 2016. He explained that the rift between Peter and Paul actually began in 2013 and continued until the group officially split in 2016. According to Jude, the situation worsened in 2021 when the brothers attempted a reunion, which ultimately failed due to unresolved differences.
Jude also shared that several prominent Nigerians had made efforts to reconcile P-Square over the years, but all attempts were unsuccessful. “Emeka Offor, the late Ifeanyi Uba, Dantata, Atiku, Peter Obi, governors, ministers, our village king, etc have all tried to reconcile P-Square to no avail,” he said.
