Former Vallacar president: Emily Yanson has no shares in the company
By Dominique Gabriel G. Bañaga

After the current administration overseeing Vallacar Transit Incorporated (VTI), parent company of the Ceres bus liner, moved to replace the company’s security company, hiring AY-76 Security Specialists Incorporated to replace the AGNSA Negros Security Agency, disruptions occurred at the transport firm’s Bacolod City terminals.
In response to the changes, family matriarch Olivia Yanson confronted VTI President Roy Yanson at the Ceres Bus Liner North Terminal, claiming he had no right to make such changes since the courts have yet to issue a writ of preliminary injunction. Meanwhile, former company president Leo Rey Yanson brought a similar message to the Ceres Bus Liner South Terminal.
Following the incident, VTI issued a statement indicating: “We apologize for any inconvenience that resulted from the misunderstanding covering the change in our security personnel in our Bacolod City terminals.”
The company noted, the turnover was under the supervision of the Philippine National Police-Supervisory Office on Security and Investigation Agencies.
The former VTI chief also revealed to members of the media that his sister, Emily Yanson, does not have any shares in the company.
Ginnette Yanson-Dumancas, another sibling, noted, “She is making it appear that she has shares and she thought that, since she was corporate secretary, the entry they made earlier this month was legal.”
Yanson-Dumancas questioned how her sister, without any shares, would have a vote on the Board of Directors./DGB, WDJ