A Federal High Court sitting in Lagos has adjourned the trial of music executive and former manager of the defunct P-Square duo, Jude Okoye, to October 23, 2025, over allegations bordering on a ₦1.38 billion fraud.
Jude Okoye, a prominent figure in Nigeria’s entertainment industry and elder brother to celebrated musicians Peter and Paul Okoye, is facing legal proceedings over what prosecutors describe as financial misconduct linked to misappropriation of corporate funds. The matter, which has attracted significant public attention due to Okoye’s profile in the music scene, was brought before the court by parties alleging fraudulent diversion of funds tied to investment dealings.
At the last hearing, the court was expected to take witness testimonies and review evidence submitted by the prosecution, but the proceedings were stalled, prompting Justice C.J. Aneke to adjourn the case. Court officials cited administrative delays and the need for additional documentation as reasons for the latest adjournment.
The charges against Okoye, though yet to be fully proven in court, relate to alleged unauthorized transfer and personal use of funds said to belong to a business consortium in which he reportedly held management influence. Legal representatives for the defendant have consistently maintained his innocence, describing the case as a civil disagreement being improperly presented in a criminal light.
Speaking after the session, one of the lawyers involved in the matter told reporters that their client is prepared to defend himself and provide clarifications on all financial transactions involved. The prosecution, on its part, insists it has gathered compelling documentary evidence to support its case.
This development marks another chapter in the growing trend of financial accountability being demanded from high-profile individuals in Nigeria’s entertainment and corporate sectors. The case is expected to resume on October 23, when both sides are anticipated to present their arguments in what could become a landmark ruling on corporate governance within the Nigerian entertainment industry.
The proceedings continue to generate interest from both legal and entertainment circles, as observers await further clarity on the financial dealings in question and their implications for management ethics in the country’s booming showbiz ecosystem.
