THE legal team of Vallacar Transit Inc. (VTI), the country’s largest bus transport company that operates Ceres Liner and Sugbo Transit, on Tuesday announced that it is preparing a strong case against former chief finance officer who allegedly embezzled P380-million company fund.
In a statement, the legal team is now preparing the required documents to file a criminal case of “qualified theft/estafa” per Revised Penal Code against Celina Yanson-Lopez, a former chief finance officer (CFO) and one of the four Yanson siblings who attempted to take over VTI in July this year.
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