Abel Mutua narrates how his company lost Sh5 million in months - News Summed Up

Abel Mutua narrates how his company lost Sh5 million in months


Abel Mutua said that the company ended up with a deficit of Sh5 million with unfinished projects and they had to ask friends and family for help. Renowned actor and scriptwriter Abel Mutua has revealed how Phil-It productions, a company he co-founded with Philip Karanja lost millions. According to the father of one, in 2017, the company earned millions after it was contracted to produce two shows, Hullabaloo and Sue and Johnny. However, bad decisions by the directors led the company to run out of money all the episodes were produced. The former Tahidi High actor revealed that the company ended up with a deficit of Sh5 million with unfinished projects and they had to ask friends and family for help.


Source: Standard Digital September 24, 2020 10:07 UTC



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