Thursday, July 2, was the 97th birthday of the late Ricardo Yanson Sr., the patriarch of the billionaire Yanson family of Bacolod City.
Before sunset, the posh Yanson Beach Club, popularly known as Villa Olivia, in Barangay Bubog, Talisay City, Negros Occidental, teemed with over a hundred guests from elite, political, and business circles in the province, for a grand dinner reception.
Less than an hour before the start of the event, a press conference was held in an adjacent hall in the same venue by the same family members who organized the party. The topic: a new warrant of arrest against the so-called “Yanson 4” or four of the birthday celebrant’s children — Roy, Emily, Ma. Lourdes Celina, and Ricardo Yanson Jr., who are still out of the country.
The “Yanson 3” — family matriarch Doña Olivia and her two children Ginette and Leo Rey — faced the media with their corporate lawyers led by Norman Golez.
The two factions are still at odds over unresolved corporate matters that have been dragging on for the last seven years now, related to the Yanson Group of Bus Companies (YGBC), one of the biggest bus conglomerates in Southeast Asia.
