Buddhists converged at temples in their thousands yesterday to conduct religious activities to mark Vesak 2013. This little girl lighting joss sticks to be offered to the Buddha was among devotees at Bellanwila Raja Maha Vihara. (Picture by Kamal Wanniarchchi)
Net worth of CPCerodes by Rs. 200 bn in two years – UNP
Badly managed,corrupt state enterprises will destroy banking system
The Ceylon Petroleum Corporations (CPC) net worth had eroded by an estimated Rs. 200 billion in the past two years, an Opposition legislator said yesterday.
With loss in capital alone accounting for Rs. 200 billion, the CPC was bankrupt and would cease to be a going concern, unless the Treasury came to its rescue once again as it had done time and again in the case of...