Kris Aquino reveals P40M investments for sons involved in ‘financial issue’ | Inquirer Entertainment

Kris Aquino reveals P40M investments for sons involved in ‘financial issue’

By: - Reporter
/ 08:58 AM January 08, 2019

MANILA, Philippines — Kris Aquino disclosed P40 million worth of investments for her sons Josh and Bimby were involved in the alleged financial betrayal by her former business manager Nicko Falcis.

This was the first time Aquino revealed the amount involved since the issue was made public last September 2018.

“Allow me to clarify the financial issue, i asked for an accounting of ₱40M invested for my sons, and financial reports for our 12 Potato Corner+Nacho Bimby branches and my lawyers & i were ignored,” Aquino said in an Instagram post on Tuesday.

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The Queen of All Media also disclosed that the lawyer of her former business manager Nicko Falcis’ mentor contacted her lawyer and asked if a settlement could be made.

“The lawyer of my former manager’s MENTOR had contacted Dean Nilo Divina today and asked if the 2 of them could talk about a settlement,” she said.

In light of this, Aquino said of Falcis, “Maswerte ka, there’s a man who sees you as his own son.”

She also praised the lawyer of Falcis’ “mentor,” who was unnamed, saying “I believe this was out of his own volition, and my respect for that man’s integrity grew even more. Hindi nya kadugo pero tinaya nya ang reputasyon nya.”

“To that man i say, on hindsight, had you and my Ate only spoken in September, we’d have had peace,” she added.

Aquino disclosed last September 2018 she was fearing she may lose “tens of tax paid millions from my sons’ trust funds.”

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READ: Kris Aquino ‘targeted, deceived’ by ‘someone without conscience’; fears losing trust fund savings for sons

Meanwhile, Aquino filed criminal complaints against Falcis for allegedly using funds from her production company, Kristina C. Aquino Productions (KCAP), for personal use last November 2018. /je

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