Peter Okoye Breaks Silence: Exposes Financial Betrayal in P-Square Feud

The ongoing family feud between the Okoye brothers has taken a new turn as Peter Okoye, one half of the famous music duo P-Square, has publicly denied allegations that he reported his twin brother, Paul Okoye, to the Economic and Financial Crimes Commission (EFCC).

In a detailed statement released on his official X account, Peter clarified the circumstances that led to the EFCC’s involvement and addressed accusations made by his brother.

Peter’s statement, which has since sparked widespread reactions, sought to clarify the complexities surrounding the internal strife within the P-Square brand—a brand that has long been considered synonymous with Nigerian music success.

“P-SQUARE is not just a family, it’s a public brand,” Peter began, adding that the public’s interest in their affairs is warranted given the duo’s status.

The controversy centers around the management of the P-Square brand’s finances.

According to Peter, he discovered the existence of a secret company, Northside Music, allegedly founded and operated by their elder brother and former manager, Jude Okoye, and his wife, Ifeoma.

This company, Peter claimed, was siphoning millions of dollars in royalties that rightfully belonged to the P-Square entity, Northside Entertainment.

“I never reported my twin brother Paul to the EFCC,” Peter stated unequivocally, challenging anyone to produce evidence of such a petition.

He insisted that his legal team was instructed to focus solely on Jude and Ifeoma, the directors of Northside Music, and not Paul.

Peter recounted multiple attempts to discuss the issue privately with Paul, but these efforts, according to him, were met with denial and resistance.

The situation escalated when Peter, after being dismissed by Paul, felt compelled to involve the authorities.

“Jude was detained after being questioned. He came clean and admitted he had been diverting millions of dollars of our money to this secret company,” Peter revealed.

The funds, Peter claimed, were laundered through a bureau de change before being split between Jude and Paul, allegedly as part of a debt repayment related to a house sale.

Peter’s statement was also a response to a recent interview in which Paul suggested that Peter had falsely implicated him in the EFCC investigation.

Peter dismissed this as a lie, maintaining that Paul was only questioned as a person of interest due to his financial dealings with Northside Music and was not the target of his complaint.

As the EFCC continues its investigation, Peter promised to release further details, including documents and evidence that would shed light on the full extent of the financial misconduct.

“The story is very long, but I will tell it all in due time,” he concluded, hinting at more revelations to come.

The Okoye family’s public disagreements have cast a shadow over the P-Square brand, raising questions about the future of the group.

For now, fans and observers alike are left to await further developments in a saga that has captivated the entertainment industry and beyond.