Pakistan Today

Axact CEO applies for protective bail plea

KARACHI:

The Chief Executive Officer (CEO) of Pakistan’s software company ‘Axact’, Shoaib Sheikh, appeared in Sindh High Court on Monday to submit an application which seeked protective bail in a case of fake degrees, according to local media sources.

Sheikh, accompanied by his lawyers, appeared before the SHC judge who started hearing into the case. The scam is being investigated by Federal Investigation Agency (FIA) on directives of Federal Interior Minister Chaudhry Nisar Ali Khan, authorities reported.

A New York Times report last week revealed that a Pakistani IT firm is involved in a worldwide scam of selling fake degrees making millions of dollars at the cost of Pakistan’s reputation, authored by Declan Walsh.

 

 

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