Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Entertainment

Bail Ruling For Jude Okoye Scheduled For March 3

Ayobami OwolabibyAyobami Owolabi
March 1, 2025
in Entertainment
0
Court Approves ₦100m Bail For Jude Okoye, Sets Conditions
Share on FacebookShare on TwitterShare on Whatsapp

Jude Okoye, former manager of the now-defunct hip-hop group P-Square, will have his bail plea heard at the Federal High Court in Lagos on Monday.

After hearing arguments from Okoye’s lawyer, Inibehe Effiong, and the Economic and Financial Crimes Commission’s counsel, Fanny Anum, Justice Alexander Owoeye on Friday set March 3, 2025, for the ruling.

Bail Ruling For Jude Okoye Scheduled For March 3

The EFCC charged Jude Okoye, the elder brother of Peter and Paul Okoye of P-Square, in court on Wednesday for allegedly laundering N1.38 billion, $1 million, and £34,537.59.

He and his company, Northside Music Limited, were charged with seven counts by the EFCC.

The EFCC told the court that in 2022, Jude Okoye and Northside Music Limited purchased a property valued at N850 million at No. 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos.

The prosecution argued that Okoye either knew or should have been aware that the funds used for the purchase were derived from unlawful activities.

The EFCC further alleged that in 2022, Okoye and his company engaged a Bureau de Change to convert $1,019,762.87 from a Northside Music Ltd Access Bank account into naira, then distributed the funds across multiple bank accounts to disguise its illicit source.

The EFCC stated that the offences violate Section 18(2)(a) of the applicable law and are punishable under Section 18(3) of the same Act.

Okoye denied all the charges and pleaded not guilty.

After Okoye’s plea, EFCC prosecutor Larry Aso asked the court to set a trial date and requested that Okoye be remanded in a correctional facility until the trial.

On the other hand, Okoye’s attorney, Inibehe Effiong, asked for an accelerated hearing and alerted the court of a pending bail application.

He also requested that his client be kept in EFCC custody rather than in a correctional facility.

The prosecution objected to the request, stating that the EFCC detention facility was already overcrowded with suspects awaiting arraignment.

The prosecution rejected the request, arguing that the EFCC detention facility was filled to capacity with suspects awaiting trials.

Justice Owoeye postponed the bail hearing to February 28 and set the trial date for April 14, 2025.

The judge also instructed that Okoye be kept at Ikoyi Correctional Centre until the bail ruling is made.

During the resumed hearing of the bail application on Friday, Effiong argued that his client’s application was made in accordance with relevant legal provisions and was supported by medical grounds.

He stated that the application was supported by both an affidavit and a written address.

Effiong also pointed out that the EFCC, in a counter-affidavit, claimed that Okoye was a flight risk and might tamper with witnesses.

He also conveyed to the court that the matter was a family issue and appealed to the judge to overlook the prosecution’s arguments, requesting bail for his client under the most lenient conditions.

In reply, EFCC counsel Anum stated that the prosecution had submitted a counter-affidavit consisting of 13 paragraphs, which was sworn to by an EFCC investigator, Rabana Job.

Anum contended that Okoye’s health issues were not backed by a medical report and urged the court to deny the bail application, calling for a speedy hearing of the case.

After hearing arguments from both parties, Justice Owoeye postponed the case to Monday for a decision on the bail application.

Tags: BailEntertainmentfederal characterJude OkoyeNewsNigeriaRuling
Ayobami Owolabi

Ayobami Owolabi

Owolabi Ayobami is an emerging entertainment journalist, dedicated to delivering the latest scoop on Nollywood, music, and celebrity culture. With a keen eye for detail and a passion for storytelling, he brings fresh insights and perspectives to the entertainment beat.

Related Posts

Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire
Entertainment

Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

October 2, 2025
BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification
Entertainment

BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

October 2, 2025
Movie Review: ‘Love and Kasala’ Struggles with Script Gaps and Poor Execution
Entertainment

Movie Review: ‘Love and Kasala’ Struggles with Script Gaps and Poor Execution

October 2, 2025
Next Post
Paul Okoye Accuses Peter Of Trying To Imprison Jude

Paul Okoye Accuses Peter Of Trying To Imprison Jude

Naira Gains Slightly as Dollar falls to ₦1,490 Euro and Pounds Strengthen – March 1 Update

Naira Gains Slightly as Dollar falls to ₦1,490 Euro and Pounds Strengthen – March 1 Update

Bobrisky Reacts to Burna Boy’s Lamborghini Dispute, Warns Women

Bobrisky Reacts to Burna Boy’s Lamborghini Dispute, Warns Women

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Kwara boarding school shut over ‘demons’ invasion

Kwara boarding school shut over ‘demons’ invasion

4 years ago
Samuel Chukwueze Unable To Find Way for Villarreal in goalless draw against Cadiz.

Samuel Chukwueze Unable To Find Way for Villarreal in goalless draw against Cadiz.

3 years ago
Wanted NYSC Member is Arrested by INTERPOL For Impersonating Assistant Superintendent Of Police 

Wanted NYSC Member is Arrested by INTERPOL For Impersonating Assistant Superintendent Of Police 

3 years ago
Sierra Leone: Court Calls For Samuel Kamara’s Arrest

Sierra Leone: Court Calls For Samuel Kamara’s Arrest

2 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Is China’s New ‘K Visa’ a Direct Challenge to the US H-1B Program?

BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

Supreme Court or Nothing: Rivers Emergency Suit Thrown Out

NARD Sounds Alarm as Malnutrition Wipes Out Nigeria’s Next Generation

Investors Dumped U.S. Assets Overnight As Government Shutdown

Why Are Federal Layoffs ‘Imminent’ in the Government Shutdown?

Trending

Oba Ewuare II Dismisses Iyaloja Role In Benin
Government

Oba Ewuare II Dismisses Iyaloja Role In Benin

byEriki Joan Ugunushe
October 2, 2025
0

Oba Ewuare II has spoken, and once again he has reminded everyone that Benin is not a...

Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire

October 2, 2025
Is Britain's Fight Against Antisemitism Failing After Manchester Synagogue Attack

Is Britain’s Fight Against Antisemitism Failing After Manchester Synagogue Attack

October 2, 2025
Is China's New 'K Visa' a Direct Challenge to the US H-1B Program?

Is China’s New ‘K Visa’ a Direct Challenge to the US H-1B Program?

October 2, 2025
BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

BBNaija S10: Here’s Why Fans Are Demanding Faith’s Disqualification

October 2, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Oba Ewuare II Dismisses Iyaloja Role In Benin
  • Shah Rukh Khan a Billionaire? How the ‘King of Bollywood’ Built His Empire
  • Is Britain’s Fight Against Antisemitism Failing After Manchester Synagogue Attack

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com