Court orders to release 13 accused in Axact scandal

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A court in Karachi has issued bail order of 13 accused in Axact fake degree scandal case on Wednesday.

According to details, the order was issued by Additional District and Session Judge Sohail Ahmed Lagari after which the suspects would get released from Central Jail.

On the other hand, verdict on dismissing money laundering case against the accused is also likely within a few days. Earlier, a hearing was conducted in the SHC in which the court granted bail to the suspects over surety bond of Rs 0.5 million each.

On May 27, 2015, the Federal Investigation Agency (FIA) detained at least 32 employees including the executive body members and the CEO during raids in Rawalpindi and Karachi after the New York Times published a story about issuance of millions of fake degrees by Axact.

The FIA had also seized the main server, computers and files from the office and demanded the company to provide web hosting records for the past 10 years.