Popular celebrity blogger Stella Dimoko Korkos has reported that a new and intense conflict is unfolding within the camp of the renowned Nigerian music duo, Psquare.
The current discord is reportedly more severe than their previous public disputes. Sources indicate that the latest rift involves financial matters, specifically allegations that their older brother, Jude “Engees,” has been embezzling funds from the duo since 2007.
Read below;
The music duo Psquare is at war again and this time, the problems tearing them apart looks like it will be more serious than what broke them up before..
Insiders allege that the brouhaha started when one of the Twins, Peter was approached by a company that wanted to buy Psquare music catelogue comprising all their works over the years..
The buyers allegedly gave a condition stating that the brothers had to show the (back-end), statement of account of royalties received over the years to enable them peg a price to what woud be paid for the catelogue.
Sources say that was the genesis of their problem.
They say that Peter approached Jude and his twin Paul and told them what was proposed but after weeks of waiting for statement of account, it dawned on Peter that all was not well and sources say he began to investigate what was wrong..
A can of worms opened on all fronts and Peter allegedly discovered that Northside music ‘ account had been diverting funds to a new company called Northside music which had Jude’s wife Ifeoma as a director with her family address used for registration…
The money in contention are Royalties due to the Singers from 2007 till date and running into millions of dollars…
Insiders squeal that the Economic crimes and financial commission (EFCC) is involved in the matter and Jude has allegedly officially agreed to fund diversion and all his accounts both in Nigeria and internationally have been frozen until further notice….
Paul in trying to take sides with Jude indicted himself as an accomplice who shares the money that was diverted with Jude.
The insider squealed that all Royalties have been shared by Jude and Paul, leaving Peter out of the sharing formular….
They were spotted at the EFCC office on Thursday June 6, 2024 and the atmospehre was hot with the brothers telling each other to do their worst….
Jude was in EFCC Detention until his last birthday when former NFF President Pinnick signed his bail bond so he could celebrate his birthday.
