Flavour Violation in SUSY SU(5) GUT at Large tan beta

We study flavour violation in the minimal SUSY SU(5) GUT assuming all the third generation Yukawa couplings to be due to the renormalizable physics above GUT scale. At large $\tan\beta,$ as suggested by Yukawa unification in SU(5), sizable flavour violation in the left (right) slepton (down squark) sector is induced due to renormalization effects of down type Yukawa couplings between GUT and Planck scales in addition to the flavour violation in the right slepton sector. The new flavour physics contribution to $K-\bar K,$ $B-\bar B$ mixing is small but might be of phenomenological interest in the case of $b\to s\gamma.$ The sign of the latter contribution is the same as the sign of the dominant chargino contribution, thus making the constraints on SUSY scale coming from $b\to s\gamma$ somewhat more restrictive. The most important feature of the considered scenario is the large rate of lepton flavour violation. Given the present experimental constraints, the $\mu\to e\gamma$ and $\mu-e$ conversion branching ratios are above the sensitivity of the planned experiments unless the SUSY scale is pushed above one TeV.