0:00
economic and Financial Crimes Commission
0:03
EFCC has told the Federal High Court
0:05
sitting in Lagos State that the elder
0:07
brother of Paul and Peter Aoy of Pquare
0:10
music brand Judoy allegedly stole 1
0:13
billion 380 million naira from the twin
0:16
music stars and used 850 million naira
0:20
from the alleged proceed of crime to
0:22
purchase a land in Lagos State after he
0:24
created and registered a company with a
0:26
near similar name to outsmart his
0:28
younger brothers who he was managing as
0:30
their record label directors at the time
0:32
of the crime according to EFCC news
0:36
release Justice Aoi of the Federal High
0:39
Court sitting in Aoy Lagos on Wednesday
0:42
June 4th 2025 adjourned till October
0:46
23rd 2025 further hearing in the alleged
0:50
1.38 billion naira fraud involving Jude
0:53
Chigosia elder brother and former
0:56
manager of Paul and Peter Aoy the Lagos
0:59
sonal director at one of the economic
1:01
and financial crimes commission EFCC is
1:05
prosecuting Aoy alongside his company
1:08
Northside Music Limited on a 7count
1:10
charge bordering on money laundering to
1:12
the tune of 1.38 billion naira one of
1:16
the counts reads that you Judoy
1:19
Chigosian Northside Music Limited
1:22
sometime in 2022 in Lagos within the
1:25
jurisdiction of this honorable court did
1:28
directly acquire a landed property known
1:30
as number five Tony Aramaicle Street
1:33
Parkview estate ai Lagos worth 850
1:37
million naira 850 million naira only
1:41
which money you knew or reasonably ought
1:43
to have known form part of proceeds of
1:45
unlawful act and thereby committed an
1:48
offense contrary to section
1:50
182B and punishable under section 183 of
1:54
the money laundering prevention and
1:58
2022 he pleaded not guilty to the
2:01
charges when they were read to him upon
2:03
his arraignment on February 26th
2:06
2025 at the resumed sitting on Wednesday
2:10
the first prosecution witness PW1 Peter
2:13
Obiun McCoy while being cross-examined
2:16
by the defense council Clement on San
2:20
said that he never signed any check and
2:22
had no access to the accounts while
2:24
still signed to Northside Entertainment
2:27
he also told the court that although he
2:30
received some money from the ecoank
2:32
account of the company they were not
2:34
royalties because the account also
2:35
received millions of dollars from
2:37
endorsements and shows he maintained
2:40
that he never knew about the existence
2:42
of Northside Music Limited his brother's
2:44
company until late 2022 and that he
2:47
didn't receive any proceeds from Lex
2:50
Records all through his time at the
2:52
company justice Oai thereafter adjourned
2:55
the matter till October 23rd and
