Bol TV network ‘Azadi Transmission’ to go on air today

October 18, 2016

199

‘BOL’ television network will launch its test transmission namely “Bol media Azadi Transmission” on Tuesday (today) .

#BOLMediaAzadi Transmission is coming soon to your TV Screens all across #Pakistan & the world! pic.twitter.com/MJDgAAWQ6x

— BOL NETWORK (@BOLNETWORK) October 17, 2016

Last year, The Pakistan Electronic Media Regulatory Authority (PEMRA) cancelled licenses for BOL News and BOL Entertainment amid ‘axact scandal’ case.

However, the Sindh High court in August this year granted bail to Axact Chief Executive Officer Shoaib Sheikh, who was undergoing the trial on charges of fraud, extortion and money laundering.

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 the issuance of millions of fake degrees by Axact.

Pakistani investigators carried out raids on Axact offices in Karachi and Rawalpindi, confiscating computers and holding employees for questioning as the fake degrees scandal deepened.

Axact was accused by the New York Times of running a network of hundreds of websites for phoney universities complete with paid actors for promotional videos, as part of an elaborate scheme that generated tens of millions of dollars annually.

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.