The music duo Psquare is at war again, and this time, the problems tearing them apart seem more serious than ever. Insiders allege that the brouhaha started when Peter was approached by a company that wanted to buy Psquare’s music catalog, 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 to peg a price to what would be paid for the catalog. Sources say that’s where the trouble started!
The Investigation Begins
Peter approached Jude and Paul and told them what was proposed, but after weeks of waiting for the statement of account, it dawned on Peter that all was not well. Sources say he began to investigate what was wrong, and that’s when he discovered that Northside Entertainment, the company registered by Peter and Paul, had Jude as the only signatory to the account.
A can of worms opened on all fronts, and Peter allegedly discovered that Northside Music’s 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.
Millions of Dollars at Stake
The money in contention is royalties due to the singers from 2007 till date, running into millions of dollars. Insiders squeal that the Economic and Financial Crimes 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, has 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 formula.
EFCC Intervention
The brothers were spotted at the EFCC office on Thursday, June 6, 2024, and the atmosphere 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 with his family at home.
The EFCC’s involvement has added a new dimension to the case, and it remains to be seen how the brothers will resolve their differences and move forward.
Family Feud
The Psquare family feud has taken a new turn, with Peter, Paul, and Jude at loggerheads over the royalties. The brothers’ relationship has been strained for years, but this latest development has made things worse.
The family feud has left fans worried about the future of Psquare, and many are calling for the brothers to resolve their differences and move forward.
Consequences of the Psquare Feud
The Psquare feud has far-reaching consequences, affecting not only the brothers’ relationships but also their music career. The strain on their relationships is palpable, and their music career is suffering as a result. The EFCC’s involvement has added a new layer of complexity to the case, leaving fans wondering if the brothers will ever reconcile and make music together again.
The feud has already taken a toll on Psquare’s music career, with the brothers’ strained relationships affecting their ability to work together. Their music has been a source of joy for many, but the feud has cast a shadow over their future projects. Fans are eagerly waiting for the brothers to resolve their differences and get back to making music together.
The future of Psquare is uncertain, with many wondering if the brothers will ever reconcile and make music together again. The feud has raised questions about the longevity of their music career and whether they will be able to put aside their differences and work together again. Only time will tell if Psquare will be able to overcome their differences and continue making music that their fans love.
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