Takeover attempt of Ceres North Terminal foiled

AN ATTEMPT to take over the Ceres North Terminal on Saturday by Roy Yanson and his three siblings was foiled but 31 drivers and employees of Vallacar Transit, Inc. were detained.

Leo Rey Yanson who is recognized by the employees of Yanson Group of Bus Companies as the president said he cannot understand why his older brothers and sisters cannot follow the status quo order of the court pending resolution to the Petition for Injunction that he filed pertaining to the July 7 Special Board Meeting of Roy and his three siblings Emily, Ricardo Jr. And Ma. Lourdes Celina where they replaced him as the company president to Roy.

Judge Eduardo Sayson, Acting Presiding Judge of Branch 53 RTC set the next hearing on the injunction case on July 26.

Leo Rey in a Press Conference, Saturday said they will defend their ground at the North Terminal and that they hired new security guards to maintain the area.

He revealed that despite the takeover of his four siblings of the main office in Mansilingan and the Ceres South Terminal at Sambok, Lopez Jaena he is still in control and on top of the operations. The finance and Tabulation Department were the only departments taken over by Roy and his three siblings.

He also revealed that four days before the attempted takeover of the North Terminal, he has met with Roy and they made an agreement.

"But after he met with the three (Ricardo Jr, Emily and Celina) Roy's actions change and that’s what happened they attempted to take over the North Terminal," Leo Rey said.

He said that they give assistance to the employees and drivers who were detained. They were arrested for unknown reason, he said.

He also emphasized his fears of possible government take over and non- renewal of franchise if their feud will not stop.

He said that he would have wanted to leave his position but their mother won’t allow him. He also reiterated that he will stick to their mother and that whatever his moves and decisions are, his sister Ginnette will back it.

Leo Rey also said that he has been offering his siblings the option to divide their transport companies but the four won't settle for it.

Olivia also revealed that the judge who met with them for the second time already advised them that while the case is ongoing, the family should settle the conflict. "If I still have the money, I will buy them to end these squabbling. But I have nothing and the judge told me that my case would be resolved in 25 years," she said.

Meanwhile Ginnette Yanson Dumancas revealed that the Special Board Meeting of their four siblings was illegal because her sister Emily who is the corporate secretary has no shares with the company. How can someone who has no shares with the company becomes a member of the board?" She pointed out.

On the part of Roy, he assured the riding public of their commitment to excellent, safe, and continuous transport services.

"We apologize for any inconvenience that resulted from the misunderstanding covering the change in our security personnel in our Bacolod terminals. What transpired at our North Bus Terminal was a turnover of responsibilities between the old agency to the new one, all in compliance with directives of PNP-SOSIA that supervised the change," Roy said.

He said the new security firm employed by Vallacar, aided by the PNP, implemented the process.


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