Investors who 'lost RM12mil' fume at Najib in London

In a blow to Malaysia's overseas reputation, a group called British Victims of Investing in Malaysia (BVIM) protested in the streets of London on Wednesday, urging Prime Minister Najib Abdul Razak to help them recover their lost life savings.

BVIM protested outside the Excel exhibition and convention centre in London, the site of the World Islamic Economic Forum. Najib was the event's patron.

The group demanded that Najib act against Doxport Technologies Sdn Bhd, a firm owned by former Umno treasurer-general Abdul Azim Mohd Zabidi (left), which they alleged cheated UK citizens off some RM12 million.

"It is ridiculous that after over two years since we lodged a criminal case in Malaysia, that no charges have been made or people arrested - I tell all my friends, colleagues and the people I meet to never invest in Malaysia!" Steven, a bank worker, was quoted in a BVIM press statement.

Doxport had allegedly taken money from the British investors for the purchase and installation of telecommunication equipment in 2008 but the investors have received no payback since.

Sixty British investors, through Fiscal Capital Sdn Bhd, had filed aRM12 million suitagainst Doxport this year, following inaction even after a police report made in October 2011.

Another investor, Mohammed, a bus driver, was quoted saying: "I invested my life savings because I liked Malaysia, My family is really suffering and it seems the law means nothing in Malaysia. I hope no one invests there and suffers like us."

The protesters questioned if Malaysia followed the rule of law and warned others against investing in the country.

London Metropolitan Police gave permission for the protest andBVIM claimed they also had the backing of some 15 British MPs.