Pakistan News

    Axact Office Karachi

  • Axact’s officials remanded in FIA custody

    KARACHI: A judicial magistrate remanded four more officials of a software company in the custody of the Federal Investigation Agency on Wednesday in a fake degrees and money laundering case...

    The FIA had arrested Mohammed Rizwan, Imran Ahmed Khan, Atif Hussain and Adnan Sabur of the company, Axact, for allegedly preparing and selling degrees, diplomas and accreditation certificates of fictitious schools and universities through a...

  • Hundreds of Canadians bought fake degrees from Axact, CBC investigation reveals

    An in-depth investigation carried out by the national broadcaster of Canada over the course of several months has revealed that hundreds of people working as professionals in diverse fields across Canada possess bogus degrees issued by Pakistan-based IT company Axact...

    See: The spectacular crash of Shoaib Shaikh's digital empireA counsellor, a university professor and a deputy clerk working for the city of Regina are among the more...

  • FIA gets remand of Axact chief, four others

    KARACHI: A judicial magistrate remanded on Wednesday the chief executive officer and four other officials of a software company in the custody of the Federal Investigation Agency till June 4 in a fake degrees and money laundering case...

    The FIA arrested Axact CEO Shoaib Ahmed Shaikh and Viqas Atique, Zeeshan Anwar, Mohammad Sabir and Zeeshan Ah­m­ed for allegedly preparing and selling fake degrees, diplomas and accreditation...

  • FIA to examine Axact bank accounts

    KARACHI: A sessions court allowed the Federal Investigation Agency (FIA) on Friday to examine the bank accounts of a software company accused of being involved in a fake degrees scam...

    An assistant director of FIA corporate circle moved an application under Section 94 (summons to produce document or other thing) of the Criminal Procedure Code and submitted that the FIA was investigating the allegations against Axact for selling fake...

  • Damning NYT report uncovers Axact's fake degrees scam

    A detailed NYT report titled, "Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions" written by New York Times Pakistan Bureau Chief Declan Walsh has outlined how local IT company Axact - referred to as the "secretive Pakistani software company" - allegedly earned millions of dollars from scams involving fake degrees, non-existent online universities and manipulation of customers...

    The investigation asserted that Axact...

  • Nisar vows transparent investigation of Axact fake degree scam

    ISLAMABAD: Interior Minister Chaudhry Nisar Ali Khan vowed Saturday that a probe into the Axact fake degree scandal would be transparent, and urged the media not to give into speculation...

    He said that two FIA officers — Inam Ghani and Shahid Hayat — have been appointed in Islamabad and Karachi respectively, and any information regarding the case would come from them...

  • Bol TV asked to wait for clearance of Axact

    ISLAMABAD: The Pak­istan Electronic Media Reg­ulatory Authority (Pemra) ordered the management of Bol Television on Thursday to stop their transmission until the directors of their parent company Axact were exonerated from charges of fraud and money laundering...

    Axact’s directors are currently facing charges in the wake of a massive fake degree scandal, which was exposed by The New York Times...

  • Govt to seek FBI help in Axact probe

    ISLAMABAD: Interior Minister Chaudhry Nisar Ali Khan said on Saturday that a decision had been taken to seek legal assistance from the US Federal Bureau of Investigation (FBI) and Interpol for investigations into the alleged sale of fake degrees by the software company, Axact...

    Addressing a press conference at Punjab House, he said the inquiry against Axact would be completed within 10 days...

  • Top journalists quit Bol amid Axact probe

    KARACHI: In less than a week after The New York Times broke a story against the parent company of a media conglomerate, veteran journalists like Kamran Khan and Azhar Abbas called it a day at the Axact’s Bol media network on Saturday...

    Mr Khan was the first among a long list of senior journalists and anchors who ‘dissociated’ themselves from the television network in the backdrop of the serious allegations in the Times story against...

  • FIA raids Axact offices, takes records and employees into custody

    ISLAMABAD: A team of the Federal Investigation Agency's cyber crime unit entered local IT company Axact's Islamabad and Karachi offices on Tuesday and collected manuals, records and computers as evidence in the ongoing investigation of a global fake degrees scam...

    TV reports quoted FIA Deputy Director Tahir Tanveer as saying that the Axact offices in twin cities of Islamabad and Rawalpindi have been sealed and that around 22...

  • Pakistan seeks FBI assistance to probe Axact scam

    ISLAMABAD: The Interior Ministry of Pakistan along with the Federal Investigation Agency (FIA) wrote a letter to the US agency Federal Bureau of Investigation (FBI) seeking legal assistance to further probe into the Axact fake degree scam, officials said Monday...

    The letter includes an overall report of the FIA's investigation into the Axact scam, seeking help from the FBI to investigate the case as US-based universities were...

  • Axact chief, eight others sent to jail on judicial remand

    KARACHI/ISLAMABAD: A judicial magistrate remanded on Monday the chief executive officer of a software company and eight other officials in prison in a fake degrees and money laundering case...

    The Federal Investigation Agency had detained Axact CEO Shoaib Ahmed Shaikh, Viqas Atique, Zeeshan Anwar, Mohammad Sabir, Zeeshan Ahmed, Mohammed Rizwan, Imran Ahmed Khan, Atif Hussain and Adnan Sabur for allegedly preparing and selling fake...

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