British investors file civil suit against Doxport Technologies
27 Feb 2013 05:41pm
By Izatun Hanim Shari(email@example.com)
PETALING JAYA – Sixty British investors filed a civil suit against local company, Doxport Technologies Sdn Bhd, former UMNO treasurer, Datuk Azim Zabadi and two other directors following an alleged fraud amounting to RM12.84 million.
According to the lawyers who represented the investors suing the company through Fiscal Capital City Sdn Bhd (FCC), the case management would be brought to the Kuala Lumpur High Court on 21 March.
The other two directors named as defendents by FCC are Gurmeet Kaur and Sivalingam Techinamoorthy. Abdul Azim is also the chairperson of Doxport Technologies.
The investors had filed a police report on the claim of fraud, deception and forgery of document and receipts on 5 October, 2011.
According to lawyer, Kamarul Hisham Kamaruddin, the investors are questioning why the Anti-Money Laundering Investigation Division was delaying the investigation into the case.
“It has been 15 months since the police report was lodged. Only one suspect has been interviewed so far. The Anti-Money Laundering Investigation Division has not began investigation until January this year,” he said during a press conference arranged by Parti Keadilan Rakyat Wanita chief, Zuraidah Kamaruddin at PKR headquarters today.
“The investors are baffled and frustrated. Why has the investigation been hauled for so long without conclusion?”
To reports stating that police has sent papers to the Attorney-General’s Chambers, Kamarul said :”If papers have been sent out, then a set of instruction should have been sent out for further investigation.”
“The case is long over due. It has been brought to the attention of the top guns including Prime Minister Datuk Seri Najib Tun Razak and other leaders including former premier, Tun Dr Mahathir Mohamad, Minister in the Prime Minister’s Department Datuk Seri Mohamed Nor Yakcop, Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir, Deputy Foreign Minister Datuk Richard Riot Jaem and even Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar but no reply to their complaint letters.”
Another lawyer, Hasnal Rezua explained that in the statement of claim, FCC had entered into an agreement for a purported investment of six telecommunication switch to generate profit from the venture and also to purchase certain equity in Doxport Technologies.
However, he said when inquired by the alleged victims of the records of the investment, it could not be determined where the switches were physically present and how much profit had been generated.
He said the investors later allegedly ascertained falsified documents and forged receipts.
He added that the alleged victims had come to the position to seek the help of PKR as the last resort after losing hope of any remedy.
Zuraidah said she was approached through the lawyers two weeks ago to pressure the police to speed up the investigation into the case.
She said the group of investors had met the with Lord Ahmed of Rotherham and it would be brought up to the British House of Commons.
She also read a statement by Lord Ahmed who appealed to the Malaysian government to continue to support and facilitate the due process, which was in the interest of Malaysia’s international reputation as a hub for investment and trade.
He said that the British citizens and investors had made serious allegations involving the misappropriation of a large sum of investment investment funds through use of fraudulent documents.
“I have always said that these allegations need to be more thoroughly investigated. I have personally raised this issue with senior members of the Malaysian government and have always been assured that this will be the case.”
“As the investor have stated to me on several occasions, their demand is non-malicious and plain. They are seeking natural justice to take its course and any alleged perpetrators brought to book.”
He said he would hold a press conference at the House of Lords in London next month.