GMA Films has turned down Gabby Concepcion’s offer to return P1.75 million that was the downpayment when the actor signed a contract with GMA September last year.

Gabby’s camp said the actor expressed interest to return the money to GMA Films anytime considering that Gabby has signed another contract with ABS-CBN last April 1.

“It’s not just a signed contract, we fulfilled part of the obligation and we gave him down payment. Actually, the provision of our contract said that it’s for one movie. But we also have exclusive rights to the second movie if we serve it a notice within three months after the termination of the first movie,” said GMA Films President Annette Gozon-Abrogar.

Abrogar said they were not worried with Gabby’s signing of contract with ABS-CBN but warned the actor “he cannot start working on a movie until matapos nya ang contract nya sa atin”.