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Carlos Yulo addresses financial dispute with mother, questions missing funds

As of now, Angelica Yulo has not yet provided a public response to her son’s statements.

Olympic gold medalist Carlos Yulo has publicly addressed the ongoing dispute with his mother, Angelica Yulo, in a recent TikTok video.

The controversy erupted amidst his success at the 2024 Paris Olympics, where he secured two gold medals in men’s gymnastics.

In the video, Carlos confirmed that the financial disagreement with his mother centers around incentives he earned from the 2022 World Artistic Gymnastics Championships.

According to Carlos, his mother received these funds without his knowledge or consent.

“May mga gusto lang po akong i-clarify doon sa mga interviews at mga sagot ng nanay ko po sa mga interviews niya po. Unang-una po, 2022 po ‘yun at hindi lang po 70 thousand (pesos) ‘yung na-receive ko po doon. Alam ko six digits po ‘yun dahil dalawa po yung nakuha kong medalya,” Carlos explained.

He added, “After nu’n, mga bandang December, umuwi ako sa Pilipinas. Nagkikita kami ng mama ko at hindi niya sa akin sinasabi na na-receive niya na pala ‘yung incentives ko from World Championships. Hindi ko pa po malalaman na na-receive niya na po yung incentives ko kung hindi ko pa po hinanap.”

Carlos revealed that he never actually received the incentives himself. “Never ko na po na-receive yung incentives ko po na yun. At never ko na rin naman po na hiningi yun sa kanila. Binigay ko na at wala na po yun sa akin. Ang sa akin lang naman, gusto ko malaman kung saan napunta ‘yung incentives ko po na ‘yan,” he said.

@carlosedriel

@kulowi ʚ(╹.╹)ɞ

♬ original sound – Carlos Yulo

Carlos also addressed concerns about his bank accounts, which he claims were managed by his mother. “Lahat po ng bank account ko po, nasa mama ko po. At may mga instances po talaga na si Chloe po yung sumasalo sa akin that time po. Bukod sa incentives po, nasa kanya din kasi ‘yung bank account ko sa monthly allowances sa pag-gymnastics ko. Nu’ng nakuha ko na yung bank account ko po na ‘yun, du’n ko po nalaman na (naubos) na po yung laman nu’n. And nasa akin po yung mga bank statement ng withdrawal po na ginagawa niya po,” Carlos disclosed.

As of now, Angelica Yulo has not yet provided a public response to her son’s statements. The Dailypedia is open to publishing any official statements from Angelica regarding this matter.

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