By Patricia Uyeh
Triple MG boss, Ubi Franklin, has confirmed that he indeed sold 50% shares of the record label, once held by singer, Iyanya to Paul Okoye of Upfront and Personal management consultancy outfit
He made this revelation while speaking to TheCable Lifestyle. He also disclosed that he bought singer, Iyanya’s shares in the company after he exited the label in August 2016 before selling to Paul Okoye.
Ubi Franklin was quoted saying:
“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.”
He added that there would be a press conference to address recent developments in the company soon.