Managing partner at Made Men Music Group, Ubi Franklin has reacted to allegations levelled against him by singer, Iyanya.
The two were partners until Iyanya left MMMG in 2016. Both parties are now opening up on the circumstances that led to the fall out of the two parties.
Franklin appeared on Cool 97.3 FM Lagos to address the allegations his former partner had made against him in another interview on Ndani TV’s The Juice.
Here are the 5 things Ubi Franklin said that we think you should know:
The Kukere Master didn’t want to get involved in the business side of things:
Iyanya was not part of it, he said he wanted to focus on the music.
Ubi Franklin on Cool FM: 03/13/19
Iyanya didn’t contribute to Tekno’s career
Ubi Franklin said Iyanya didn’t like Tekno. But he did gain from the singer’s career when he started to pop. In fact, Iyanya got ₦3m from Tekno’s management, as Ubi claimed.
At this point, I had contacted Iyanya and told him I would like to also sign Tekno and he told me point blank, I don’t want to be part of anything artist, I want to focus on my career and I am not interested in signing any artist.
Ubi Franklin on Cool FM: 03/13/19
Iyanya never spent a dime to promote Tekno. When ‘Duro’ came out and did well, I had bills to clear.
In 2016, Tekno had started making money and Iyanya said why is he not making money from Tekno. I said don’t f**k with me… You are supposed to apologize to me for not putting money in Tekno’s career.
But the singer earned a lot from Tekno’s career
Yes, there is a N3M… Paul of Upfront paid that money. The money was paid for a car for Iyanya. What we have always done with Paul was when we don’t have money to pay for something, Paul will pay and later collect the money.
The former Project Fame star left MMMG because of bruised ego:
I got a call from Iyanya to meet him in another state. He said I want to leave Made Men Music, I’m tired. There was a fight that involved him and Tekno that I made Tekno not to respect him. Iyanya said he didn’t want to live with us. I found a place for Basi, Selebobo and Tekno.
He had a conversation with me that why would Tekno hire a driver that he fired and I confronted Tekno about it. Tekno said he saw the driver along the road looking for a job and he decided to help.”
Iyanya Mbuk passed up on his shares after he left:
On the settlement agreement, Iyanya relinquished all his shares to the company. He said the percentage that he usually takes from endorsements when he was still with the record label was going to be increased and mine will be reduced. When his endorsement was renewed, Paulo told me to give him all the money which I did.
Things are getting quite messier by the day. What will Iyanya’s rebuttal be like? Ubi Franklin came to this fight ready with receipts. Iyanya came with emotions. Let’s see what he brings up next.
>Iyanya and Ubi Franklin