Kris Aquino claims case vs former aide affecting her career

Published November 18, 2018, 4:10 PM

by Francine Ciasico

By Chito Chavez

The camp of showbiz personality and former presidential sister and daughter Kris Aquino said the unauthorized credit card spending of her ex-aide had jeopardized her endorsement deals.

Kris Aquino (Facebook/ MANILA BULLETIN)
Kris Aquino (Facebook/ MANILA BULLETIN)

In a statement, Aquino’s counsel Eloi Sy said their camp had filed on November 15 charges against the showbiz personality’s former business manager Nicko Falcis.

The same statement noted Falcis is allegedly facing 44 counts of qualified theft and is also supposedly being sued for the violation of the Access Devices Regulation Act.

Aquino’s counsel in the said statement said Falcis allegedly made an unauthorized personal spending spree using the corporate credit card issued to him by Kris Cojuangco Aquino Productions (KCAP).

The statement also noted that Falcis allegedly racked up a bill of P1,270,980.31.

Aquino’s camp explained the credit card was issued to Falcis in his capacity as KCAP managing director but “it seems, he also used the credit card for his personal purchases and transactions’’.

Endorsements endangered

In the same statement, Aquino claimed that Falcis tried to return the money by sending a check worth P437,595.67 to her home, but it was short of P833,384.64.

She pointed out that “what he did that was something that monetary recompensate alone could not make right.”
The statement revealed that Falcis unauthorized spending may have added up to P1.2 million, but it could have cost Aquino millions in forfeited endorsement deals.

“Indeed, some of Falcis’ unauthorized credit card purchases were in direct violation of the conditions detailed in several of Aquino’s endorsement contracts,’’ the statement read.

On May 29, Falcis allegedly charged P49,600 worth of products at the MAC cosmetics store at the Power Plant Mall in Rockwell, Makati.

Then, on June 1, he was at another MAC cosmetics store at SM Megamall in Mandaluyong where he again supposedly charged P49,600 worth of products.

“That’s a whopping P99,200 on MAC products alone in less than a week,’’ the statement read.

No price tag

The same statement noted Falcis’ supporters have scoffed at Aquino complaint with some saying that she should not cry over “only P1.2 million.”

“Then again, when one takes something that is not rightfully theirs — whether it’s P1 or P1.2 million — it is known as stealing. It is not the amount that determines the crime. Moreover, there is no price tag for a relationship (business or otherwise) wrecked by deception,’’ the statement read.