Peter Okoye Admits Co‑Signatory Role in Northside Entertainment Ltd Bank Account

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Popular musician Peter Okoye has told the Lagos High Court, Ikeja that he is a co‑signatory to the Northside Entertainment Limited bank account.

He made the admission in court on Friday, February 21, 2026, during the resumed trial of his elder brother, Jude Okoye, who is facing charges brought by the Economic and Financial Crimes Commission (EFCC).

The hearing before the Lagos High Court was part of the trial of Jude Okoye on allegations including an alleged $1 million theft. Earlier in the case, Peter had testified that his brother was the sole signatory to the company’s bank accounts.

During cross‑examination, defence lawyers presented bank mandates showing multiple signatories. In response, Peter told the court that he, along with his twin brother Paul Okoye, was a co‑signatory to the Northside Entertainment Limited account with Ecobank.

Peter clarified that his earlier understanding had been based on information from bank officials he described as connected to a “new bank” but acknowledged in open court that he does have signatory status on the Ecobank account.

He said: “My Lord, Northside Entertainment Limited account in Ecobank — I am a co‑signatory.”

Under questioning, Peter said that although he became a co‑signatory at a later stage, his elder brother initially operated the account alone.

He told the court that after some years, Jude Okoye added himself and Paul Okoye as signatories.

He stated that despite being a signatory, he had not personally signed cheques or conducted transactions from the account.

Peter identified two companies linked to the management of P‑Square’s music business. He said Northside Entertainment Limited was a management outfit while Square Records Limited functioned as a record label.

He said that he and Paul were shareholders in Northside Entertainment Limited, though he was not certain of the exact share percentages. He estimated that his elder brother held about 40 per cent, while he held about 30 per cent.

Peter also told the court about a company called Mad Solutions, which he said collected and distributed royalties from P‑Square songs in Nigeria.

He said that royalty payments due to him were paid into his personal account, but he could not speak to how the royalties of others were handled.

The trial of Jude Okoye continues in the Lagos High Court, with both prosecution and defence presenting evidence and testimony. Peter’s acknowledgment of his co‑signatory status is part of ongoing proceedings in the case brought by the EFCC.

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