Olivia V. Yanson (OVY), matriarch of the biggest bus company in the Philippines, filed a complaint before the Regional Trial Court in Bacolod City, Friday morning, January 5, seeking the nullification of the Deeds of Extrajudicial Settlement (EJS) of the estate of her late husband Ricardo B. Yanson, citing the use of alleged falsified documents by her four children.
She was accompanied by her lawyer Norman Golez in the filing of the complaint at the Bacolod Hall of Justice against her children, Roy V. Yanson, Ma. Lourdes Celina Y. Lopez, Emily V. Yanson, and Ricardo V. Yanson Jr., also known as the Yanson 4.
The civil case filed seeks to enjoin the Yanson 4 from falsely using the EJS documents to make it appear that OVY has relinquished her rights to the bulk of the properties, which includes her shares of stock in all of the corporations of the Yanson group, Golez said.
OVY maintains that she remains the owner of 50 percent of her husband’s estate, which includes Vallacar Transit Inc., contrary to the claims of her four children.
She asked the court to permanently enjoin her four children or any person acting in 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 Vallacar Transit Inc., the biggest bus transportation company in the country.
Golez said OVY is still very much the registered owner and is in control of the corporate shares in the Yanson firms contrary to her four children’s claims.
OVY said her four children should return to the country and address their complaints against her.
But “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 also said “I will not speak to them because my trust in them has been lost…I just want to get my share to our conjugal property… because I am the wife of Mr. Ricardo Yanson.”
OVY said she uses her money to help a lot of poor people.
In her 63-page complaint, OVY alleged that the Yanson 4 illegally attached annexes to the EJS Deeds, which totally changed their meaning.
These annexes, which did not exist at the time of signing of the Deeds, contained a division and distribution of Ricardo and Olivia Yanson’s properties, which she never consented to, OVY said.
The EJS documents and Annexes contained a liquidation of conjugal partnership of Ricardo and Olivia Yanson contrary to what OVY Yanson agreed upon, the court was told.
“The Yanson 4 have been using the falsified Deeds as basis to claim majority ownership over their family corporations and file various criminal complaints against their own mother and their two other siblings who sided with their mother, Leo Rey Yanson and Ginnette Yanson Dumancas,” a statement for OVY’s camp said.
These criminal cases have all been dismissed by the Department of Justice, it added.
“What really saddens Mrs. Yanson is that these falsified documents are being used to embarrass her before the public,” Golez said.
OVY 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.
Celina Yanson Lopez late Friday night denied the allegation that the Yanson 4 had falsified the EJS documents.*