Following Tekno revealing the information on his Instagram page, thanking the management consultant head Paul Okoye for buying into TripleMG, boss Ubi Franklin has confirmed sale of the portion of shares owned by Iyanya to Paul Okoye of management consultants Upfront and Personal.
Speaking to The Cable Lifestyle, Ubi confirmed this 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 also added that a press conference would soon hold to brief the media on recent developments in the label.
Manager Paul O’s management outfit were behind the facilitation of the Sony deal Tekno got to sign late last year.
Written by Clement Oluwasegun