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Alleged N1.38bn Fraud: Jude Okoye granted N100m bail

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5 hours ago

March 03, 2025 Follow

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ENTERTAINMENT CELEBRITY: Alleged N1.38bn Fraud: Jude Okoye granted N100m bail [New Entertainment Celebrity] » Naijacrawl

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Jude Okoye, former manager of the defunct music duo P-Square, has been granted bail in the sum of N100 million ahead of his trial for alleged money laundering involving N1.

Read Also : Paul Okoye Accuses Twin Brother Peter of Trying to Jail Jude Okoye Over Alleged N1.3 Billion Fraud

38 billion, $1 million, and £34,537.59.

The Economic and Financial Crimes Commission (EFCC) arraigned Okoye before the court, leading to his remand at Ikoyi Prison on Friday. However, on Monday, March 3, 2025, the court approved his release on bail under strict conditions.

As part of the bail terms, two sureties must provide N100 million worth of landed property in Lagos, and Okoye is prohibited from traveling outside Nigeria without prior approval.

His trial is scheduled to commence on April 14, 2025.

Stay tuned for more updates on this developing story.

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Ojo Sunday Victor is a graduate of Ladoke Akintola University of Technology, Ogbomoso, where he earned a Bachelor's degree in Accounting (B.Sc). He is a versatile professional with expertise in content writing, specializing i... Read More

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Why I’ll choose Sheggz over N100m – BBNaija Bella expresses undying love to him

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I’ll no longer make trouble – Portable vows after N2m bail

Published

1 week ago

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