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Speaker 1: Economic and Financial Crimes Commission EFCC has told a Federal

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High Court sitting in Lagos State that the elder brother

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of Paul and Peter Akoye of p Square music brand,

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Judah Koye, allegedly stole one billion, three hundred and eighty

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million naira from the Twin music stars and used eight

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hundred and fifty million naira from the alleged proceed of

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crime to purchase a land in Lagos State after he

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created and registered a company with a near similar name

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to Outsmart his younger brothers, who he was managing as

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their record label directors at the time of the crime.

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According to EFCC news release, Justice A. Omoi of the

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Federal High Court, sitting in Akoie, Lagos on Wednesday, June fourth,

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twenty twenty five, adjourned till October twenty third, twenty twenty

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five further hearing in the alleged one point three eight

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billion niers fraud involving Jude Chegozi A Koye, elder brother

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and former manager of Paul and Peter A Koye. The

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Lagos sonal director, one of the Economic and Financial Crimes

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Commission EFCC, is prosecuting a Koye alongside his company North

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Side Music Limited, on a seven count charge bordering on

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money laundering to the tune of one point three eight

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billion miras. One of the count’s reads that you, Juda

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Koye Chegozi and North Side Music Limited, sometime in twenty

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twenty two in Lagos, within the jurisdiction of this Honorable Court,

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did directly acquire a landed property known as Number five

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Tournierra Macele Street, Parkview Estate, Akoi, Lagos, worth eight hundred

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and fifty million miras eight hundred and fifty million Mira

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only which money you knew or reasonably ought to have known,

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form part of proceeds of unlawful act and thereby committed

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an offense contrary to section eighteen two, the unpunishable under

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section eighteen three of the Money Laundering Prevention and Prohibition

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Act twenty twenty two. He pleaded not guilty to the

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charges when they were rent to him upon his arraignment

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on February twenty sixth, twenty twenty five. At the resumed

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sitting on Wednesday, the first prosecution witness, p w Ie

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Peter Obu Muniba Koye, while being cross examined by the

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Defense Council, clement On Wawenor Sam said that he never

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signed any check and had no access to the accounts

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while still signed to Northside Entertainment. He also told the

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court that although he received some money from the Eco

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Bank account of the company, they were not royalties because

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the account also received millions of dollars from endorsements and shows.

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He maintained that he never knew about the existence of

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Northside Music Limited, his brother’s company, until late twenty twenty two,

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and that he didn’t receive any proceeds from Lex Records

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all through his time at the company. Justice Owawei thereafter

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adjourned the matter till October twenty third and November tenth,

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twenty twenty five for continuation of trial. Meanwhile, Peter Akoye

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of the P Square Music Group has reacted to a

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statement by a media page named The Nigeria Lawyer claiming

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his statement to the EFCC was full of lies. Ogi

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publicist is still trying harder to misinform the public. When

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did the judge cautions Peter A Koye. Peter emphasized that

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he believes that the truth will prevail and criticized his

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brothers alleging that they were involved in wrongdoing. Peter referenced

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the late singer Mobad’s situation, stating he would no longer

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play the bigger person and would speak his truth. He wrote,

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exactly what I was talking about, their publicist doing everything

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for me to look like a liar. I am not

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Maid or Cynthia Morgan. I am Peter Akoye, the one

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and only the rock Okut of the Akoys. The truth

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shall surely prevail. Una thief abby Una, no thief. After

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watching everything about Mobad’s death and how the whole thing

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played out to date, I decided to myself that I

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would never play the bigger person nor act as the

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mature one. And that’s exactly what led to this whole madness,

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simply because I was trying to be the bigger person

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and act maturely. Homo never again. So love me or

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hate me, I will continue speaking my truth. Una thief

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abbe Una no thief. Family doesn’t steal from family only

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to find out that I was actually used in the

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whole November twenty twenty one reunion. But since we are

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in court, I will wait for the right time to

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tell what really went down. Family doesn’t steal from family.

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Una thief, abbe Una no thief. Now you all are

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shocked and surprised to see my tweet on Cynthia Morgan

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after so many years, because some of you were blinded

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by the narrative they created and made yall believe my

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wife was the problem in order for them to continue

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doing their evil acts behind closed doors. Meanwhile, it was

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his wife that owned eighty percent of the company that

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diverted Squares proceeds for years. Imagine if it was my

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wife Lola, by now, the media would have been using

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her as a headline. I will continue speaking my truth.

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We had reported in February elia this year that the

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Federal High Court sitting in Lagos State on Wednesday remanded

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Judah Koye, the ex manager and elder brother of Peter

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and Paul of P Square, to Akoi prison over allegations

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of stealing billions of naira belonging to his younger twin brothers,

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by thus creating an almost similar company name north Side

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Music to collect P Square royalties that ought to belong

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to the original company, North Side Entertainment. It would be

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recalled that in August twenty twenty four, we had reported

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that the Nigerian music and bregg dance star Peter A

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Koye aka Mister P of the P Square group has

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accused his twin brother, paul A Koye aka Rude Boy

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and their elder brother, Judah Koye of working together to

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always humiliate him, with the twin brother telling lies to

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make fans hate him as if he Peter is always

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jealous of him as Lady Bringing You Bringie in a

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mortgagical way