British investors in ‘scam’ met Najib, Mahathir for help

British Victims of Investing in Malaysia (BVIM) allege that they have been cheated of RM13.3 million.

KUALA LUMPUR: Witness Riaz Ramzan, one of 60 British Victims of Investing in Malaysia (BVIM) said in a statement on Friday that he met with Prime Minister Najib Abdul Razak, former Prime Minister Mahathir Mohamad, his son and Kedah Menteri Besar Mukhriz Mahathir to recoup their investments in Doxport Technologies Sdn Bhd, led by managing director Sivalingam Thechinamoorthy, but to no avail.

After meeting Najib, Riaz said he and some investors personally met with ex-Umno Treasurer and Doxport chairman Azim Zabidi at the House of Lords under the guidance of Lord Ahmed, where the investors informed Azim of the alleged ‘scam’.

Azim then informed Riaz and Lord Ahmed that he would investigate the allegations. Azim subsequently visited the British High Commission in Kuala Lumpur and claimed that there was no ‘fraud’.

Azim pressured Sivalingam for funds from the investment, according to Riaz’s statement.

Doxport, he alleged, supplied “fake invoices for telecom switches” valued at USD 2,040,000 that British investors believed they were investing in. “Doxport also supplied British investors with invoices issued by Doxport to Singtel amounting to USD 5,000,0000 which were later confirmed to be ‘fake’.”

British investors have so far only received USD 15,000 from their investment.

After three years of struggling for justice, BVIM is surprised that Sivalingam will be the only one finally facing a trial at the Sessions Court in Petaling Jaya on charges of “Criminal Breach of Trust”.

Gurmeet Kaur is another director of Doxport, according to BVIM.

BVIM investors allege that they have been cheated of RM13.3 million.

The criminal case investigated by the Royal Malaysian Police and brought by the Malaysian Public Prosecutor against Sivalingam was heard on 22 December 2014 at Session 1 Court, Petaling Jaya.

Apparently, over 20 British MPs and members of the House of Lords have supported the British investors in their attempt to bring, what the investors allege is “fraud”, to the Malaysian Courts.

Next month, from 19 to 22 January 2015, also sees the civil case brought by the British investors, alleging ‘fraud, deceit and/or fraudulent misrepresentations and conspiracy’ against Doxport and its directors Azim Zabidi, Sivalingam and Gurmeet.

It will be heard at the High Court of Malaya in Kuala Lumpur, according to BVIM. “Lord Ahmed of Rotherham in the UK Parliament will be attending the civil case as a witness for the British investors.”