Nick Candy, the husband of Holly Valance, has been accused of threatening to “cut the t**s off his PA”. Picture: Splash News

Property tycoon Nick Candy, 44, rubbished allegations by a former business associate that he and his brother Christian, 42, bullied staff and sacked an executive who had just been diagnosed with multiple sclerosis, reports The Sun.

Property tycoons Nick Candy and Christian Candy, pictured with respective spouses Holly Valance and Emily Crompton. Picture: Dave M. Benett/Getty ImagesSource:Getty Images

Mr Candy said the seriously ill executive was a “a fantastic human being” who had recently asked him for help by passing on some songs to pop mogul Simon Cowell.

He was giving evidence at the Royal Courts of Justice in London during a $215 million lawsuit brought by businessman Mark Holyoake.

Mr Candy said the allegations — which were made by his former colleague Clive Hyman — were “disgusting”.

Asked about the threat to “cut the t**s off” a member of staff, he replied: “I don’t speak like that, it’s just not how I behave.

“Yes I do use foul language but I don’t talk to my staff like that.”

Mr Candy said he didn’t sack the marketing executive with MS as he had already agreed to leave.

He added: “I find these allegations absolutely disgusting, they are made up to embarrass me and my family.”

Holly Valance and husband Nick Candy were married in 2012 and have a daughter, Luka. Picture: Splash NewsSource:Supplied

Mr Holyoake borrowed $20 million from Christian Candy’s company CPC in 2011 to finance a property development scheme but eventually had to pull out of the property redevelopment, at a loss of $161 million in potential profits.

Mr Holyoake ended up paying back more than $20 million on the two-year loan after signing a series of finance deals.

Mr Holyoake, a married father of three, says Christian Candy repeatedly threatened to destroy his life and ruin his business during a campaign of blackmail and intimidation which left him fearing for his own life.

Former Neighbours star Holly Valance with her actress sister, Olympia. Picture: InstagramSource:Supplied

He claims the property mogul even made threats against his pregnant wife Emma, who had previously suffered a miscarriage.

The Candy brothers deny all of Mr Holyoake’s allegations and claim he has invented the threats in a deliberate attempt to extract money from them.

Mr Holyoake is seeking $212 million for lost profits, overpayments, legal costs and aggravated damages.

The trial continues.

This story was originally published in The Sun and is reprinted with permission