Renowned music executive and former P-Square manager, Jude Okoye, has been granted ₦100 million bail by the Federal High Court in Lagos as he prepares to face trial over an alleged ₦1.38 billion money laundering case.
The charges, filed by the Economic and Financial Crimes Commission (EFCC), also include accusations involving $1 million and £34,537.59 linked to financial misconduct.
According to the EFCC, Okoye and his company, Northside Music Limited, allegedly acquired an ₦850 million property in Ikoyi, Lagos, using proceeds from questionable transactions.
The court, presided over by Justice Alexander Owoeye, has imposed strict bail conditions, requiring two sureties with ₦100 million worth of property in Lagos and barring him from leaving the country without court approval.
While Okoye remains in custody pending full compliance with his bail conditions, the case has sparked intense public interest, given his long-standing influence in Nigeria’s entertainment industry. His trial is scheduled to commence on April 14, 2025, as the legal battle unfolds.
