By Modesto P. Sa-onoy
Just a bit of information. A reader confirmed that Olivia Yanson receives the same stockholder’s dividend as the children and this privilege to a non-stockholder is based on a written agreement between her and the children. Fine. Getting the same dividend without being a shareholder is unique but Olivia is insatiable. She wants more, everything under her control.
Media use “Y2” to refer to Leo Rey and Ginnette Yanson and “Y4” to distinguish the four other Yanson children – Roy, Emily, Celina and Ricardo Jr. I use “Y3” because in addition to Leo Rey and Ginnette there is their mother Olivia who towers and dominates the Y2 moves. Without her the Y2 pretensions would collapse. Indeed take out Olivia from the picture and all the claims of the Y2 over the family property that is the issue in the family feud are inarguable.
Our assiduous readers will recall that everything that happened is due to the adamant demand of Olivia that she be in control of all the properties that the family inherited at the death of Ricardo B. Yanson. This is of course a puzzle because she admitted she is only one of the heirs when she agreed to the extra-judicial partition of their properties. Sadly for all, she turned her back on the agreement and claimed the majority shares of the properties.
Is it not apparent that the big picture and agenda all along is Y3’s plan to topple and destroy Ricardo B. Yanson’s Legacy? The key to this plan is Olivia – take her out of the picture and the Y2 will be left with what they legally own – less than 33% of the company. By claiming she owns half of the property as a co-owner with her husband plus her own share as heir Olivia definitely owns the largest portion of the wealth that Ricardo left behind.
But she signed an agreement waiving her rights and thus the property was divided among the six children – four is definitely bigger than two.
If Olivia had been content with this amicable, peaceful division of the property the family feud would never have happened and placed the entire family in direct conflict between the two factions. A sad commentary indeed.
But why would she want that conflict? What would be gained by it? Money? Not quite I think because each one has more than enough – from a decent perspective; in fact, OIivia has more than the others because not only is she receiving the annual fruits of the company she has also properties entirely her own. She could just have had a peaceful life, surrounded by a loving family and dozens of friends that wait on her for obvious reasons.
But she chose a life of conflict, denied peace of mind, of a loving children and their families and gained a certain notoriety from an unbelieving, bewildered and unsympathetic public. At her age when “people are gifted by long years” as Pope St. John Paul II calls the seniors, how can she find peace? Is her anger so intense without the inner voice of anger gnawing at her being?
I am thinking of the Christian moral parameter perhaps different from hers. But can it be otherwise as the facts reveal an unappeased anger?
If it is not the partition of wealth, what could be a strong motive that she forgoes the affection of her children and seek their destruction? Are the Y4 mere “collateral damage” in Olivia’s actions that would lead to the destruction of VTI and in the process obliterate the niche of Ricardo in the annals of great men who rose from the ranks to become tycoons of the transportation industry?
I had raised the possibility of the eradication of Ricardo’s legacy, still I cannot simply ignore why a wife would do so. On the other hand the facts we have cannot point to other reasons.
Why does Olivia go to this extent? Is this the case of what Hamlet calls, the “pangs of despised love” or is it “the spurns that patient merits and the unworthy takes”? Can we fathom the depth of hate if hate is the compelling force?
Continued tomorrow.
