Court grants Jude Okoye N100M bail amid alleged money laundering

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A Lagos state magistrate court has granted Jude Okoye, former manager of the defunct P-Square music duo, comprising Peter and Paul Okoye, ₦100 million bail.

Recall that Jude Okoye was arraigned by the Economic and Financial Crimes Commission (EFCC) on money laundering charges involving $1 million, ₦1.38 billion, and €34,537.59.

In a recent development, Jude Okoye has been granted bail.

The court, presided over by Justice Alexander Owoeye, ruled that Jude Okoye must provide two sureties, each valued at ₦100 million, and prohibited him from traveling outside the country.

Additionally, a clip has surfaced online showing Jude Okoye stepping out of court following the ruling.

Meanwhile, this has sparked a buzz online, with netizens calling for reconciliation among the trio, embroiled in a highly publicized rift.

See below..

Court grants Psquare’s elder brother, Jude Okoye N100Million bail over alleged Fr@ud case of N3.8Billion pic.twitter.com/uiZft5JzaG

— Enugu Celebrities (@EnuguCelebritis) March 3, 2025