A Lagos Special Offences Court has granted Jude Okoye, former manager of the defunct music group P-Square, bail in an ongoing trial for alleged theft of one million, nineteen thousand, seven hundred sixty-three dollars and eighty-seven cents (USD 1,019,763.87) and thirty-four thousand, five hundred thirty-seven pounds and fifty-nine pence (GBP 34,537.59).
Justice Rahman Oshodi set the bail at fifty million naira (NGN 50,000,000) with two sureties who must reside within jurisdiction and provide proof of three years’ tax payments. Okoye was also ordered to surrender his Nigerian and St. Kitts and Nevis passports, while the Economic and Financial Crimes Commission (EFCC) was instructed to notify immigration authorities to prevent him from leaving the country.
Okoye’s lawyer, Clement Onwuenwnor, SAN, argued that the case was a civil business dispute and requested that his client be released to his younger brother. However, EFCC prosecutor Mohammed Bashir opposed the bail, citing Okoye’s dual citizenship as a flight risk. Despite this, Justice Oshodi granted bail after reviewing all affidavits.
The case has been adjourned to May sixteenth and twenty-third, two thousand and twenty-five (May 16 and 23, 2025), for further hearings.
