A British national invested US$2.04 million (RM5.02 million) in controversial firm Doxport Technologies (M) Sdn Bhd after being introduced to the company by two individuals, the Petaling Jaya Sessios Court heard today.

Doxport, linked to former Umno treasurer Abdul Azim Mohd Zabidi, entered the spotlight when British investors filed a civil suit and lodged a police report.

Riyadh Ahmed Ramzan ( right ), 47, said his Malaysian company Fiscal City Capital Sdn Bhd entered into an agreement with Doxport to finance the purchase of six telephone switches.

"The agreement was signed between me and and Doxport Technologies chief executive officer T Sivalingam between 2008 and 2009. I am the chief executive officer of Fiscal City Capital Sdn Bhd."

Riyadh is the first witness to testify in the criminal breach of trust and money laundering trial against Sivalingam.

He is one of the 60 British families who invested in Doxport

Angry Doxport investors protested in London last year during Prime Minister Najib Abdul Razak’s recent visit.

Sivalingam is the only one facing criminal charges.

He faces a charge of criminal breach of trust (CBT) in disposing of a total of RM5.02 million of the British investors’ investments when he is a director of Doxport, which is against the contract that was made.

Sivalingam allegedly committed the offence between July 2008 and October 2008, at the company’s office in Petaling Jaya.

He also faces seven charges of money laundering amounting to RM4.357 million, and also another charge of using a forged document as a true document, that is a ‘General Invoice Voip System and Implementation’ to an amount of US$1.8 million allegedly owned by Nikabina IT Sdn Bhd.

13 documents tendered

During the court proceedings, Riyadh verified 13 documents signed between his company and Doxport.

Riyadh saw the documents and some of them were tendered as documents.

The witness, in replying to questions from DPP Muhammad Ilhami Ahmad, said a person whom he identified as Manmohan was one of the two persons who introduced him to Doxport.

He said that Doxport wanted investments to purchase the telecom switches for Cambodia.

He agreed that one of the documents that he saw included the alleged General Invoice VOIP system, resulting in him and his company Crystal City Capital Solutions Sdn Bhd, which was previously named Fiscal Capital City, to be interested in investing in the project.

Lawyer Chethan Jethwani appeared for Sivalingam while another lawyer, Hasnal Rezua Merican, appeared for Doxport.

During the London protest, the victims held placards asking whether Malaysia was a safe destination to invest.

A report was lodged against Doxport resulting in the investigation and charge.

Besides this the British investors had also filed a civil suit against Doxport, Sivalingam and Abdul Azim ( left ) and the hearing date of the suit is fixed next month.

The hearing continues tomorrow.