Jude Okoye, former manager of the now-disbanded P-Square, has disclosed the profit-sharing arrangement for the group, following fraud accusations made by Peter Okoye against him and Paul Okoye.
In a recent Instagram live session, Okoye explained that P-Square’s earnings were divided with him receiving 40%, while Peter and Paul each got 30%.
Okoye addressed the allegations of diverting P-Square’s royalties into a private account, stating he had provided all relevant documentation to the EFCC, including CAC certificates and a memorandum of understanding. He also clarified that the division of shares was confirmed by EFCC officers.
Further, Okoye recounted his experience with the anti-graft agency, including questions about his financial status and his history with P-Square, which officially ended in 2016. Despite numerous attempts by prominent Nigerians to reconcile the group, Okoye noted that the reunion efforts were unsuccessful.
News Editor