Jude Okoye, the former manager of the now-disbanded P-Square group, has disclosed the distribution method of the group's earnings in light of fraud accusations made by Peter against him and Paul.

He clarified that the proceeds from P-Square were divided among himself, Peter, and Paul, with his share being 40 percent, while each of the other two received 30 percent.

During an Instagram live session on Saturday, Jude Okoye refuted Peter's claims that he had misappropriated millions of dollars in P-Square royalties into a personal account.

He said, “I went to the EFCC office with just Paul. I didn’t go with my lawyer. I gave them all the documents, an officer looked at it and asked if Peter signed. I pointed at his signature for him. I showed him the CAC certificates used in opening both Square Records and Northside Entertainment.

“They were like, you’re even more than P-Square. I said I don’t understand what you mean. They said, look, you’re entitled to 40 per cent shares while the duo are entitled to 30 per cent each. I said, well, I’m not supposed to say it with my mouth, you can see for yourself.”

He stated that he had also submitted a memorandum of understanding (MOU) to the anti-corruption agency to demonstrate that there was a mutual agreement on a sharing formula.

“They [EFCC officers] started asking me some irritable questions like where I got the money to build my house in Ikoyi,” Jude recalled. noting that the building was partly financed by selling his house in America and borrowing money from colleagues.

“I have not been with P-Square for the past eight years, since 2016,” Jude stated, revealing that the rift between the twins began in 2013 and continued until the group officially split in 2016.

Jude stated that the circumstances deteriorated in 2021 when the brothers made an effort to reunite, which ultimately proved unsuccessful due to lingering disagreements.

He further noted that numerous influential Nigerians had previously tried to mediate a reconciliation between P-Square, but their efforts were unsuccessful.

“Emeka Offor, the late Ifeanyi Uba, Dantata, Atiku, Peter Obi, governors, ministers, our village king, etc have all tried to reconcile Psquare to no avail,” he said.