EFCC's Admission Puts P-Square's $800k Fraud Case in Limbo

The EFCC admitted to the Lagos State Special Offences Court in Ikeja that there was no evidence to back the allegations against Jude Okoye regarding the unlawful withdrawal of $800,000 from P-Square's finances. Peter Okoye accused Jude of secretly managing 47 undisclosed bank accounts and diverting revenue.

During cross-examination, EFCC's counsel surprised the court by stating the lack of evidence. The defense challenged Peter's claims, highlighting contradictions in his testimony and corporate records.

The case has been adjourned for further trial.