Bol employees resist Customs officials during raid on media house’s office
The Federal Investigation Agency (FIA) and Federal Board of Revenue (FBR) are further tightening the screw on Axact, the software house accused of running a global fake degree empire.
Authorities have tracked down suspects involved in printing fake degrees for the IT company, recovering nearly 100,000 bogus academic certificates.
Sources said the suspects, arrested by authorities in Islamabad, would be produced in court in a couple of days. Reports said only two schools and a university run by the company have been found genuine.
Besides, the FBR has frozen Axact’s bank accounts, widening the scope of its investigations into the IT company’s monetary frauds.
Sources in the FBR said the company is paying monthly salaries of Rs 360 million to employees of its upcoming channel, Bol, but had not paid even a single penny tax on property worth billions of rupees it owns in Karachi and other cities.
Axact has hired many of Pakistan’s leading TV anchors for Bol at above-market salaries. Many of the journalists have resigned in the wake of the scandal, and those still working fear for their job future since the government intends to gag the channel till parent company, Axact, comes clear in the scam.
In this regard, the Federal Information Ministry wrote a letter on Thursday to Pakistan Electronic Media Regulatory Authority (PEMRA) to make sure the channel remains off-air as long as Axact is facing the probe.
Sources in FBR say the company, which enjoys tax exemption in export of software, has yet to pay tax on Rs 430 million income. The FBR may seal all Axact properties at end of the investigation, they said.
On the other hand, the federal government has filed an application in Sindh High Court (SHC) against issuance of licence to four Axact officials for a TV channel, Labaik.
In its application, the government stated that Labaik made four Axact officials as ‘directors’ and ‘stakeholders’ for the channel in 2013 despite the fact that Ministry of Interior had not given security clearance to Axact Chief Executive Officer (ECO) Shoaib Sheikh and others.
The SHC bench led by Chief Justice Faisal Arab has issued notices to the channel to submit reply before June 5.
BOL EMPLOYEES RESIST CUSTOMS RAID:
In a related development on Friday, a team of Customs Intelligence arrived at Bol television’s head office to collect record of equipments imported by the channel’s parent company, Axact, but had to face protest by a large number of Bol journalists. The protesting Bol employees chanted slogans against the government and barred Customs officials from entering the building. However, the five-member team managed to enter the office.
Br the way who is running the affairs of Pemra,with its functional chairman
FIA SECP FBR and Pemra all acting on the advice of Govt. There are so many other departments, EOBI, social Security labour, PSEB, , Excise and Taxation Department which can catch their neckand last but not the least NAB. Their crime is they brought foreign exchange in PaKistan , provided jobs. All goras Europeon or Americans are doing the same job. Can someone ask Baber Awan or Amer Liaquat from which American on line university the got doctrate degrees
Govt has mandate to act as per law and issue instructions to dept. heads. The days are counted until 17th if not extended by SC. m/s Awan & Amer are within Pakistan . They must prove their doctorate degrees if required by competent authority. There can be a lot of fishes in this scam
Axact looks like (A)American cross Act.
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