Kris Aquino has officially ended another controversial chapter in her life. After sharing her financial troubles which allegedly involved her former business partner, she announced on Instagram that she and Nicko Falcis have ended their feud.
This has been going on since last year and you might’ve forgotten about it—or just stopped following the whole drama altogether. But we’re keeping you up to date with a quick timeline of the Aquino vs Falcis feud.
Kris Aquino first spoke about the “financial abuse” she experienced and how it took a toll on her health. She claimed on Facebook she lost weight within six weeks because of an unnamed business partner taking advantage of KCAP’s (Kris’ production company) finances. She also expressed her fear that her sons’ trust fund was affected.
According to the lawsuit, Nicko allegedly used KCAP’s credit card for P1.27 million worth of personal expenses without Kris’ knowledge. This included the purchase of almost P100,000 worth of cosmetics and multiple coffee orders. Nicko tried to pay her back with a check worth P437,595.67, but it was obviously not enough because he still owed P800,000 and the trust was already broken.
Months into the feud, Nicko’s sister and mother defended him and called Kris a liar. The ex-project manager also filed a complaint against Kris, accusing her of making a death threat over the phone on Sept. 27, 2018. Inquirer.net noted that a woman was heard saying “Dare to step in this country and you will be dead” in the phone recording.
Kris admitted it was her and apologized. Her lawyer Eloisa Sy defended her, saying it was “said in the heat of passion.” Likewise, Kris filed a counter-affidavit to dismiss the complaint.
ANC reported that Kris’ qualified theft and access device fraud complaints against Nicko was dismissed due to lack of probable cause. It was junked in Pasig City, Makati City, and Taguig City. However, Nicko was still indicted for estafa and fraudulent use of access device in Taguig.
Kris and the Falcis brothers have finally reached a settlement. According to DivinaLaw’s official press statement, “Ms. Kristina Bernadette C. Aquino, Mr. Nicardo M. Falcis II, and Atty. Jesus Nicardo M. Falcis III have fairly settled all financial issues and amicably worked out all personal differences. To avoid any future misunderstanding, no further statement shall be forthcoming.”
All caught up? Good. Let’s go back to regular programming.