CEO,Triple MG, Ubi Franklin, has confirmed that he indeed sold 50% shares of singer Iyanya’s shares in Triple MG toPaul Okoye.
This confirmation was nade afterTekno, an artiste under the label, took to Instagram to reveal that the CEO Upfront & Personal, now “owns 50% of MMMG”.
Ubi, who spoke toThecable Lifestyle,revealed that he bought Iyanya’s shares in the ompany after he exited the label in August 2016, before fially selling to Paul O.
In his words:
“When Iyanya was leaving, I bought over his shares so I owned 100% of the company so I sold those shares to Paul Okoye of Upfront and Personal.”
“Paul Okoye now owns part of MMMG.”
Ubi Franklin, also added that a press conference to talk about the recent developments in the company, will soon be held.