Yanson feud will be resolved through reconciliation – Celina

By: Dolly Yasa

BACOLOD City – Celina Yanson-Lopez, the former finance officer of the Yanson Group of Bus Companies (YGBC) said that she believes their family feud will be resolved through reconciliation.

“At the end of the day, all these conflicts we have will be resolved because after all we are family,” Yanson-Lopez told reporters here Wednesday afternoon after she distributed bags of groceries to 30 senior citizens of the St. Vincent Home of the Aged.

Yanson-Lopez along with their eldest brother Roy, sister Emily, and Ricardo Jr. are locked in a dispute with their mother Olivia, sister Ginnette, and youngest brother Leo Rey over the control of their multimillion-peso bus business, which includes the Vallacar Transit Inc (VTI), operator of the Ceres Bus Liner.

She said she is also for the reconciliation of their family.

She admitted though that she has not yet made any moves towards this end.

“I play it by heart, by my intuition.We can’t force it, it may lack sincerity but I know it will happen in due time.When that would be who knows? Maybe tomorrow?” she added.

Yanson-Lopez said she is thankful that auditing firm SGV has cleared her in the P380-million fund mess in YGBC.

The conflict started last July when Roy and company took over the Vallacar Transit Inc. head office in Barangay Mansilingan and the Southbound terminal here.

In a so-called stockholders’ meeting, they also ousted Leo Rey as president and CEO.

Last month Leo Rey, Ginnette and their mother Olivia regained control of the VTI head office and the southbound terminal.

The group also held a stockholders’ meeting last August 19 followed by a reorganization of the board where Leo Rey retained the presidency.

Celina and Emily were replaced as treasurer and corporate secretary by Ginnette and Olivia, respectively.

Both parties questioned the two stockholders’ meetings in the courts.