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economic and Financial Crimes Commission
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EFCC has told the Federal High Court
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sitting in Lagos State that the elder
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brother of Paul and Peter Aoy of Psquare
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music brand Judcoy allegedly stole 1
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billion 380 million naira from the twin
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music stars and used 850 million naira
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from the alleged proceed of crime to
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purchase a land in Lagos State after he
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created and registered a company with a
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near similar name to outsmart his
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younger brothers who he was managing as
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their record label director as at the
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time of the crime according to EFCC news
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release Justice Aoai of the Federal High
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Court sitting in AOYI Lagos on Wednesday
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June 4th 2025 adjourned till October
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23rd 2025 further hearing in the alleged
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1.38 billion naira fraud involving Jude
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Chigosi Aoy elder brother and former
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manager of Paul and Peter Aoy the Lagos
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son zonal director at one of the
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economic and financial crimes commission
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EFCC is prosecuting AOY alongside his
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company Northside Music Limited on a
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7-count charge bordering on money
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laundering to the tune of 1.38 billion
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naira one of the counts reads that you
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Juda Coy Chigosian Northside Music
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Limited sometime in 2022 in Lagos within
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the jurisdiction of this honorable court
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did directly acquire a landed property
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known as number five Tony Arale Street
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Park View Estate Akoi Lagos worth 850
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million naira 850 million naira only
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which money you knew or reasonably ought
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to have known form part of proceeds of
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unlawful act and thereby committed an
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offense contrary to section
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182D unpunishable under section 183 of
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the moneyaundering prevention and
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2022 he pleaded not guilty to the
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charges when they were read to him upon
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his arraignment on February 26th
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2025 at the resumed sitting on Wednesday
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the first prosecution witness PW1 Peter
2:13
Obimony McCoy while being cross-examined
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by the defense council Clement on San
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said that he never signed any check and
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had no access to the accounts while
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still signed to Northside Entertainment
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he also told the court that although he
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received some money from the ecoank
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account of the company they were not
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royalties because the account also
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received millions of dollars from
2:37
endorsements and shows he maintained
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that he never knew about the existence
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of Northside Music Limited his brother's
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company until late 2022 and that he
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didn't receive any proceeds from Lex
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Records all through his time at the
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company justice Oai thereafter adjourned
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the matter till October 23rd and
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November 10th 2025 for continuation of
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trial meanwhile Peter Okoy of the
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Psquare music group has reacted to a
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statement by a media page named the
3:09
Nigeria lawyer claiming his statement to
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the EFCC was full of lies auger
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publicist is still trying harder to
3:16
misinform the public when did the judge
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cautions Peter Aoy Peter emphasized that
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he believes that the truth will prevail
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and criticized his brothers alleging
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that they were involved in wrongdoing
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peter referenced the late singer Moad's
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situation stating he would no longer
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play the bigger person and would speak
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his truth he wrote "Exactly what I was
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talking about their publicist doing
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everything for me to look like a liar i
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am not Mie or Cynthia Morgan i am Peter
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Aoy the one and only the rock
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Auty the truth shall surely prevail una
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thief Abby Una no thief after watching
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everything about Mobad's death and how
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the whole thing played out to date I
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decided to myself that I would never
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play the bigger person nor act as the
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mature one and that's exactly what led
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to this whole madness simply because I
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was trying to be the bigger person and
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act maturely oh mo never again so love
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me or hate me I will continue speaking
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my truth una thief Abby una no thief
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family doesn't steal from family only to
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find out that I was actually used in the
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whole November 2021 reunion but since we
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are in court I will wait for the right
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time to tell what really went down
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family doesn't steal from family una
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thief abby una thief now y'all are
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shocked and surprised to see my tweet on
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Cynthia Morgan after so many years
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because some of you were blinded by the
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narrative they created and made y'all
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believe my wife was the problem in order
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for them to continue doing their evil
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acts behind closed doors meanwhile it
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was his wife that owned 80% of the
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company that diverted Square's proceeds
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for years imagine if it was my wife Lola
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by now the media would have been using
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her as a headline i will continue
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speaking my truth we had reported in
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February earlier this year that the
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federal high court sitting in Lagos
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State on Wednesday reminded Juda Koy the
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ex-manager and elder brother of Peter
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and Paul of Pquare to a Koi prison over
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allegations of stealing billions of
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naira belonging to his younger twin
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brothers by thus creating an almost
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similar company name Northside Music to
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collect Psquare royalties that ought to
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belong to the original company Northside
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Entertainment it would be recalled that
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in August 2024 we had reported that the
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Nigerian music and breakdance star Peter
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Aoy aka Mr p of the Psquare group has
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accused his twin brother Paul Aoy aka
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Rude Boy and their elder brother Judoy
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of working together to always humiliate
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him with the twin brother telling lies
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to make fans hate him as if he Peter is
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always jealous of him
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