Paul Okoye bought 50% of Triple MG – Ubi Franklin

Ubi Franklin, the CEO of Made Men Music Group (MMMG) popularly referred to as Triple MG, has said he has transferred shares of his former partner, Iyanya who owned 50% stakes in the Company to Paul Okoye of Upfront and Personal according to a report by TheCable.

Ubi Franklin stated this after one of his artistes, Tekno revealed that Paul Okoye owns some part of the record label.

He told the online News medium that he bought Iyanya’s share when the singer left for Mavin Records in August 2016.

“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,” Franklin added.

Iyanya was a co-founder of the record label but left stating that he needed someone who understands the music industry.