Ceres bus. (Facebook Photo)
BACOLOD CITY — The matriarch of the biggest bus company in the Philippines has filed a complaint in court to nullify the Deeds of Extrajudicial Settlement (EJS) of the estate of her late husband for the alleged use of falsified documents by her four children.
Olivia V. Yanson (OVY) was accompanied by her lawyer Norman Golez in the filing of the complaint before the Regional Trial Court in Bacolod on Friday, Jan. 5.
Named respondents in the case were her children Roy V. Yanson, Ma. Lourdes Celina Y. Lopez, Emily V. Yanson, and Ricardo V. Yanson Jr. also known as the Yanson 4.
OVY maintained that she remains the owner of 50 percent of her husband’s estate, which includes Vallacar Transit Inc. (VTI), contrary to the claims of her four children.
READ: Four Yanson siblings remain majority owners of Vallacar Transit Inc.
She asked the court to order her four children to pay her moral and exemplary damages of at least P20 million as well as attorney’s fees and expenses for litigation in the amount of at least 10 percent of all the damages awarded.
OVY also asked the court to permanently enjoin her four children or any person acting on their behalf from further using the EJS to falsely make it appear that she is no longer a shareholder of their family’s corporations, including VTI, the biggest bus transportation company in the country.
READ: Yanson Four complaints vs mom, others dismissed by DOJ
OVY, in an interview after the filing of the case, said she rightfully owned 50 percent of her conjugal property with her late husband.
Golez said OVY is still very much the registered owner of the corporate shares in the Yanson firms contrary to the Yanson Four’s claims.
OVY said her four children should return to the country and address their complaints against her.
READ: BIZ BUZZ: Yanson Four in fighting form
“I will not forgive them because what they did to me is very serious, they should remember that I am their mother, they would not be in this world without me,” she said.
“I will not speak to them because my trust in them has been lost. I just want to get my share of our conjugal property because I am the wife of Mr. Ricardo Yanson.”
The Yanson Four , who are out of the country, could not be reached for comment.