Peter Okoye Rejects Report Claiming EFCC Lacks Evidence In Alleged $800,000 P-Square Fund Withdrawal Case

Peter Okoye, popularly known as Mr P, has debunked claims that the Economic and Financial Crimes Commission (EFCC) lacks evidence to support his petition accusing his brothers, Jude and Paul Okoye, of illegally withdrawing $800,000 from their company account.

Peter had petitioned the EFCC in 2024, alleging that Jude diverted company funds, ran 47 undisclosed bank accounts, and altered the shareholding structure of their jointly owned company, Northside Entertainment Ltd.

A report by Punch last Friday claimed that during a resumed cross-examination at the Lagos State Special Offences Court in Ikeja, EFCC counsel Mohammed Bashir told Justice Rahman Oshodi that the commission could not present evidence of the alleged withdrawal. According to the report, Bashir stated:

We do not have it. It is his evidence. Let him prove it. I can’t give what I don’t have.
The EFCC was also quoted as saying it had no records of the accounts mentioned.

Reacting on social media, Peter dismissed the story as jokes and propaganda, stressing that no such statement was made by the EFCC investigator in any court session.