Foreign experts might be called in for help on Axact case: Nisar

By
PakistanToday
-
4
213

ISLAMABAD:

The government is willing to enlist the help of foreign experts, if required, to investigate the fake degrees scam of software company Axact, Interior Minister Chaudhry Nisar told a news conference on Wednesday, according to local media sources. 

The multi-million dollar fraud was exposed through a special report in the New York Times (NYT), after which the minister directed Federal Investigation Agency (FIA) to take up the case, sources claimed.

On Tuesday, the FIA raided Axact headquarters in Karachi and the regional offices in the twin-cities of Islamabad and Rawalpindi. Thirty-five employees were detained and several computers and phones confiscated. However, Interior Minister Nisar said no one was detained, authorities stated.

The interior minister’s news conference came after the SECP issued a show-cause notice to the software company regarding its “ultra vires activities which are not authorised by its memorandum of association”.

“Another notice for calling information … has been issued to the Axact (Pvt) Limited and all its associated companies in order to gather further information,” read the official statement, according to sources.

Nisar requested the media to refrain from arriving at conclusions on the Axact scandal. “We are not investigating a murder case. No one has been killed or hurt.”

 

RELATED ARTICLESMORE FROM AUTHOR

4 COMMENTS

  1. While I agree, no one should jump t to conclusion, but the last line coveys the mind set of the corrupt rulers.

    “We are not investigating a murder case. No one has been killed or hurt.”

    Interior Minister is implying Corruption at massive scale is not a Serious Crime !!!!!!!!

  2. While I agree, no one should jump t to conclusion, but the last line reflects on the mind set of the corrupt rulers.

    “We are not investigating a murder case. No one has been killed or hurt.”

    Interior Minister is implying Corruption at massive scale is not a Serious Crime !!!!!!!!

Comments are closed.