P-SQUARE’S PETER DENIES REPORTING TWIN BROTHER, PAUL TO EFCC, LAMENTS ALLEGED FRAUD WITHIN FAMILY
Peter Okoye, popularly known as Mr. P, has refuted claims made by his twin brother, Paul Okoye (Rudeboy), that he filed a petition against him with the Economic and Financial Crimes Commission (EFCC).
In a scathing open letter, Mr. P dismissed the allegations as false and accused Rudeboy of lying and attempting to tarnish his reputation.
Earlier on Monday, Mr. P had penned an open letter, condemning his brother’s alleged false claims and accusing him of trying to discredit him and turn their fans against him.
Mr. P has vowed to respond to a recent interview his twin brother, Rudeboy (Paul Okoye), gave to City FM in Lagos, where he alleged that Mr. P was responsible for his recent detention by the Economic and Financial Crimes Commission (EFCC).
In the interview, Rudeboy claimed that Mr. P had petitioned the EFCC, accusing him of suspected fraudulent activities, which led to his detention.
He said, “This year, I was invited by the EFCC after they received a petition against me from my twin brother. I never thought it (our beef) would get to this extent. I thought it was just music.
“The next thing, people are asking me, ‘What do you do?’ Somebody said, ‘You’re going to go to jail for 20 years. They’re going to lock you up.’ I got to the EFCC office, they told me everything. They’ve already printed all my account statements. They asked me to explain every transaction,” he said.
“First of all, what entered my mind was, what if I was into fraud? That’s how my brother would have finished me? But I took it. Then they started the investigation.
“At a point, I was no longer comfortable with the kind of questions they were asking me. When I knew it was serious was when they asked me to get a lawyer and sureties. I did everything.
“One month ago, they called me, my twin brother and our elder brother -Jude Okoye, and said, ‘First of all, we have to say that after all investigations, Paul is innocent. Paul is cleared. Everything you accused him of, we’ve done our investigation and he’s innocent.”
He expressed disappointment that despite being cleared of the allegations by the EFCC, Mr. P has yet to offer an apology for his alleged role in the detention.
However, setting the record straight, Mr. P issued a statement on X on Monday evening, denying that he petitioned against Paul and challenging him to provide evidence to the contrary.
He began by dispelling the idea that the issues surrounding P-Square are simply a family matter.
On the EFCC matter, Peter stated, “I want to make it clear that I never reported my twin brother Paul to the EFCC. I know many of you were disappointed when Paul accused me of doing so. He mentioned that I wrote a petition against him, which he claimed made the EFCC to ask him to provide a surety. This statement suggested that he was detained, which is not true.
“Peter, Paul and Jude own a management company together called Northside Entertainment, which we use to manage all of P-SQUARE’s affairs. One day, I discovered another company with a similar name, but this one was called Northside Music instead of Northside Entertainment.”
Peter said he decided to investigate further, adding that to his shock, “the founders and directors of this secret company were none other than Jude Okoye and his wife Ifeoma Okoye and the registered address was the family home of Jude’s wife”.
“Still in shock, I knew I had to talk to Paul about it. I approached him multiple times – at least four different times – asking if he knew anything about this secret company and the whereabouts of some of P-SQUARE’s royalties. Each time I met with him, he denied knowing anything about it,” he said.
He added, “I want to set the record straight, I hereby challenge Paul, or anyone else to show any petition that I, Peter Okoye, ever submitted against my twin brother Paul or that has Paul’s name on it.
“I am still writing this with so much shock because I gave clear instructions to my legal team, with a standing order, that under no circumstances should Paul be included in my petition. Their focus was to remain solely on the primary suspects, Jude Okoye and his wife, Ifeoma Okoye – since they were the directors of this secret company – Northside Music.”
However, Mr. P countered that his twin brother’s account of the EFCC incident in the interview was filled with falsehoods.
“I watched and listened to Paul’s interview, I was totally speechless and I kept asking myself, how does Paul have the audacity to publicly tell lies like this, even with a respected and reputable agency like the EFCC,” he said. “He claimed I petitioned him, but that’s not something that ever happened to Paul. The truth is, this was something that actually happened to Jude.
“The real story goes back to the shocking discovery I made, but what really got me very upset was finding out that for years, millions of dollars and hundreds of millions of Naira were being secretly diverted into this secret company’s account Northside Music from our own company, “Northside Entertainment.”
“This was not just a minor issue – it was a massive betrayal that had been going on for several years.
“I understand that Paul is angry because I took this matter to the EFCC, and I understand why. However, bearing in mind that I have met Paul and Jude separately and tried to discuss this matter and it yielded me with no positive answer, in fact, the last time I approached Paul the conversation got heated up and he said, and I quote, “Peter, go and do your worst” at this stage I was left with no other choice but to report to the authorities and take legal actions.”
Peter said Jude was detained by the EFCC after being questioned and “came clean and admitted he had been diverting millions of dollars of our money to this secret company that he and his wife were the director of. All of Jude’s bank accounts were immediately frozen”.
“He was eventually released on bail after he managed to provide a surety and met the other bail conditions. Meanwhile, further investigations are still going on up until now,” he added.