LAGOS – A Lagos Special Offences Court has granted bail to Jude Okoye, former manager of the defunct music group P-Square, in an ongoing trial over an alleged theft of $1,019,763.87 and £34,537.59.
Presiding over the case, Justice Rahman Oshodi approved Okoye’s bail in the sum of ₦50 million, with two sureties in like sum. The court stipulated that the sureties must reside within the jurisdiction and provide proof of three years’ tax payments.
Additionally, Okoye was ordered to surrender both his Nigerian and St. Kitts and Nevis passports, while the Economic and Financial Crimes Commission (EFCC) was directed to alert immigration authorities to prevent him from leaving the country.
During the hearing, Okoye’s legal counsel, Clement Onwuenwnor, SAN, argued that the matter was a civil dispute between business partners and requested that his client be released on bail to his younger brother. However, EFCC prosecutor Mohammed Bashir opposed the application, citing Okoye’s dual citizenship as a flight risk and the gravity of the charges against him.
Despite the prosecution’s objections, Justice Oshodi ruled in Okoye’s favor, stating that the court had considered all affidavits submitted before making its decision.
The case has been adjourned to May 16 and 23, 2025, for further hearings.
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