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People's Bank to auction Sri Lankan businessman's assets

Jul 12, 2010 8:07:55 PM- colombopage.com
July 13, Colombo: People's Bank of Sri Lanka is to auction the assets of a well-known businessman Yasasiri Kasthuriarachchi who owns Yashodha Enterprises soon. The step has been taken to recover a credit of Rs. 165 million obtained from the bank by mortgaging company assets.