PRC, the company styling itself as selling land together with exaggerated projected earnings in green-houses is caught in the eye of the storm after several complaints were received at Cofek.
Among the notable PRC directors are the former Institute of Certified Public Accountants of Kenya (ICPAK) Chairman Mr Steve Lugalia and former long serving Kiss FM presenter Ms Caroline Mutoko (pictured above).
Nearly all complainants cite the company, like many other property firms, adversely on over-delayed and in many cases refusal to grant refunds - following breach.
The company ran into huge fame when it advertised on the popular week-day morning shows on Classic 105 FM and NTV’s Churchill Show program.
The Churchill show is run by Daniel Ndambuki also known as Mwalim Churchill who co-hosts the Classic FM morning shows with celebrity Classic FM radio presenter Maina Kageni.
Sample one of the complaints received. Note that the complainant has been chasing refunds after PRC breached contract - for over a year - and with accruing loan financing.
“Last year I heard an advertisement through Maina Kageni Classic FM show to buy plots and greenhouse at Aberdare-3. I reached out to them and after doing research of the firm, I was comfortable enough to buy 3 plots and 3 greenhouses investing in a total of Sh1,647,000.
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