Sri Lanka, June 15 -- The Colombo Commercial High Court has ordered to publicly auction three companies allegedly belonging to former Parliamentarian Daya Gamage.

The auction will be held on July 2 at 10 a.m., according to the Registrar and Deputy Fiscal of the Colombo Commercial High Court.

The decision to auction the three institutions was made to recover a sum of Rs. 104,229,342 owed to a leasing company, People's Leasing & Finance PLC.

As the respondents have paid approximately Rs. 4,080,000 out of the Rs. 108,309,342 due to the leasing company, People's Leasing & Finance PLC, the auction will proceed in accordance with the judgment issued on November 10, 2022, to recover the remaining amount.

The companies scheduled to be auction...