Vallacar Transit Incorporated (VTI) President Roy Yanson, who was voted into the position by the company’s Board of Directors, revealed plans to file grave coercion charges against VTI employees who are backing his younger brother, Leo Rey Yanson, who is also considered company president pending a court decision.
In a statement, the elder Yanson said his predecessor was ousted from the post due to his failure to explain withdrawing millions in company funds without securing approval from the board. He noted, Raymond Santillan, Reynaldo Llena, Jr., Harel Pelayo, Jerold Datiles, and AGNSA security firm General Manager Florencio Dobrea among those he plans to file charges against.
“Those who comply with Leo Rey’s orders and directives stand the risk of facing legal action or, at least, administrative sanctions,” Yanson stated. “Leo Rey is not VTI president anymore on the basis of the July 7 board resolution, effectively terminating his services.”
“As majority owners of the company, the board of directors remain the owners, stewards, and managers of VTI,” he added.
The statement comes after an affidavit, submitted by Vallacar Chief Financial Officer Celina Yanson-Lopez and Corporate Secretary Emily Yanson before the Bacolod City Prosecutor’s Office, claiming AGNSA officials committed serious illegal actions when they took part in the “attack” against the company with heavily-armed Philippine National Police personnel last August 8. Security firm officials were also accused of committing grave coercion when they barred the two from entering the company’s office in Barangay Mansilingan last August 13.
In a memorandum issued by Leo Rey Yanson earlier this week, he prohibited his siblings—Roy, Emily, Celina, and Ricardo, Jr.—from entering company headquarters, along with VTI’s other branches nationwide.
According to the memo, the decision was made based on the pending “mopping up” operations and ongoing general audit.
The company president also warned, personnel found in violation of the policy will be “dealt with severely to the fullest extent allowed by law.”
The Yanson sisters likewise protested the memo and mocked their younger brother for “pretending to be company president” after earlier acknowledging his termination last July 7 in a civil case he filed against the board.
Atty. Gerry Llena, one of the lawyers representing Leo Rey Yanson’s camp, explained such instructions were issued for the safety of the employees who back their side of the conflict.
“Leo Rey has a deep concern for his employees,” he stated. “If those employees who cannot be controlled are allowed entry, their safety may also be compromised.”
“We have to sweep the entire area for physical control and it will require time,” the attorney added./DGB, WDJ