In the aftermath of Carlos Yulo’s historic double gold win at the Paris 2024 Olympics, allegations have surfaced accusing his mother, Mrs. Angelica Yulo, of financial mismanagement and theft. These accusations, largely fueled by misunderstandings and a lack of context, misrepresent the complex and nuanced reality of the Yulo family’s situation.

Critics have labeled Mrs. Yulo as a “thief,” but such accusations stem from ignorance rather than informed understanding. Contrary to these claims, Mrs. Yulo’s actions reflect a deep commitment to her family’s well-being and stability.

When Carlos Yulo began earning significant amounts from his gymnastics success, all funds were deposited directly into his personal bank account. Mrs. Yulo had no access or control over these finances and never suggested opening a joint account, which would have been a clear indication of her intent to manage the funds.

The house in Cavite, which some claim was purchased with Carlos’s money, was actually bought in 2016, well before Carlos began earning substantial sums. At that time, his monthly allowance from the Philippine Sports Commission (PSC) was modest, ranging from ₱5,000 to ₱10,000. The house was financed primarily through Mrs. Yulo’s savings and contributions from a paluwagan, a traditional savings method.

Carlos’s increased earnings from 2019 onwards, following his World Championship and SEA Games victories, were deposited into his account, separate from the earlier funds. Mrs. Yulo used part of this money for house renovations to ensure that Carlos had a comfortable place to stay when he visited, considering his asthma. She even purchased an air conditioner and furnished the house to provide a better living environment.

It’s also crucial to note that while Carlos did not explicitly approve every expense, his older sister sought his consent for significant decisions, such as paying off the house. Carlos was aware of the renovations, as his father regularly updated him with videos of the progress.

The funds in question were used for necessary expenses, including renovations, a new apartment for Carlos in Japan, and ensuring his life and health insurance. Mrs. Yulo also paid for a motorbike for Carlos’s father and another for her brother, as well as a bond for Carlos’s credit card, demonstrating her intent to manage resources responsibly and for family benefit.

The criticism overlooks the sacrifices Mrs. Yulo made and the reality that her expenditures were aimed at supporting her family. Despite the accusations, the Yulo family still resides in less-than-ideal conditions, with no car and living in a slum area, which raises questions about Carlos’s priorities regarding his family’s welfare.

Carlos had over ₱11 million in savings, yet his family continued to live in substandard conditions. This raises concerns about his commitment to improving his family’s living situation. Critics should understand the full story before making judgments. Mrs. Yulo’s actions reveal a mother’s sacrifice and dedication, while Carlos’s behavior, influenced by external factors and personal choices, has created a divide.

Moreover, recent controversies involving Carlos’s girlfriend and social media posts have added fuel to the fire, with accusations of inappropriate content further complicating the situation. However, it is essential to focus on the reality of Mrs. Yulo’s contributions and the full context of her actions.

In summary, before jumping to conclusions or spreading baseless accusations, one should take the time to understand the complexities of the Yulo family’s situation. The truth reveals a different narrative, marked by sacrifice and dedication, rather than the accusations of theft and mismanagement.