Wednesday, 20 November 2013

Malaysia 'most corrupt in the world': British investor



This is probably an investor’s worst nightmare: losing life savings and homes. And these possibilities were the last things on the minds of a group of British investors who put their money in a Malaysian company.  But according to them, that’s exactly what happened when they invested in the locally established Doxport Technologies Sdn Bhd.

In an email interview, a banker who only wanted to be known as Rahel, told us that the investment had devastated his family's life savings, including his retired father's savings.  Rahel and family invested £180,000 or close to RM1 million in Doxport.

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By, Rajah Raqafluz

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