Peter Okoye Reveals $800,000 in Royalties from SACEM

Peter Okoye, a member of the defunct music group P-Square, testified virtually before Justice Alexander Owoeye at the Federal High Court in Lagos, admitting to receiving over $800,000 in royalties from the French music rights organization, SACEM. This testimony occurred during the cross-examination by Clement Onwuewunor, SAN, representing his twin brother, Jude Okoye, who faces charges of fraud totaling ₦1.3 billion and $1 million filed by the Economic and Financial Crimes Commission.

Peter disputed Jude's timeline regarding the provision of P-Square's backend royalty records, claiming he requested them earlier in 2022, although he could not provide evidence for this assertion. He acknowledged receiving the royalty report from Jude, which covered payments from 2016 to 2022.

Peter maintained that the royalties belonged to him and his brother Paul, despite Jude signing the SACEM contract. He also confirmed that the 10 songs for which royalties were paid were indeed P-Square songs.