It is reported that three business entities allegedly owned by former State Minister Daya Gamage are set to be auctioned.
According to a notice published in newspapers by the Deputy Fiscal of the Colombo Commercial High Court, the auction has been decided to be held on July 2, 2025 at 10 am.
The auction is scheduled to be held pursuant to a court order issued with the aim of recovering money owed to People’s Leasing and Finance Company. The total amount owed to the company is Rs. 108,309,342, of which Rs. 4,080,000 has already been paid by the respondents. This auction has been organized to recover the remaining money.
The companies to be auctioned are Daya Group Limited, Daya Apparel Exporters (Pvt) Limited, Olympus Construction Private Limited. The notice states that the money is expected to be recovered from the income and assets of these companies.