Peoples Bank Claimed Damages of Rs.500 Million From Mawbima and Ceylon Today Newspapers?

Peoples Bank Claimed Damages of Rs.500 Million From Mawbima and Ceylon Today Newspapers?

Mawbima and Ceylon Today News Papers published an article on the digitization of the Peoples Bank. This article has damaged the reputation of the Peoples Bank.
Hence, Peoples Bank has filed a case at Colombo District Court claiming Rs, 500 million from its’ publishers.