After iROKO Partners released a statement announcing the dismissal of the CEO of iROKING Michael Ugwu.In a press statement released by the team...
From Jason Njoku's Team
We can confirm that Michael Ugwu is no longer the CEO of iROKING and has left the company. He was dismissed earlier this month with immediate effect for gross misconduct. It came to light that, whilst under contract and salary of iROKING, Michael Ugwu set up and launched his own digital music platform, in direct competition with iROKING. This is an unequivocal breach of the robust non-compete and confidentiality clause he signed when he joined the iROKO team. We will not be divulging any further details on the subject matter for legal reasons.
From Jason Njoku's Team
We can confirm that Michael Ugwu is no longer the CEO of iROKING and has left the company. He was dismissed earlier this month with immediate effect for gross misconduct. It came to light that, whilst under contract and salary of iROKING, Michael Ugwu set up and launched his own digital music platform, in direct competition with iROKING. This is an unequivocal breach of the robust non-compete and confidentiality clause he signed when he joined the iROKO team. We will not be divulging any further details on the subject matter for legal reasons.