Alleged N1.38bn Fraud: Jude Okoye Granted N100m Bail

Jude Okoye, former manager of the defunct music group P-Square, has been granted bail in the sum of N100 million.

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The bail was granted on Monday, March 3, 2025, ahead of his trial for alleged money laundering involving N1.38 billion, $1 million, and £34,537.59.

According to SELF MADE NAIJA, Okoye was arraigned before the court by the Economic and Financial Crimes Commission (EFCC) and remanded in Ikoyi Prison on Friday.

As part of the bail conditions, he must provide two sureties, each owning landed properties worth N100 million in Lagos. Additionally, he is prohibited from traveling outside the country without official approval.

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