axact
Information ministry directs Pemra to not broadcast Bol tv
ISLAMABAD: The federal information ministry wrote a letter to Pakistan Electronic Media Regulatory Authority (Pemra), asking it not to broadcast BOL TV channel till completion of investigation into the degree scam by Axact — the parent company of the upcoming television and newspaper group. A letter has been sent to Pemra to stop Bol’s transmission on a temporary basis, Information ministry said in a statement. A detailed NYT report titled “Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions” written by New York Times Pakistan bureau chief Declan Walsh had outlinedRead More
FIA takes records, officials of Axact into custody during a raid
ISLAMABAD: A team of the Federal Investigation Agency’s cyber crime unit entered local IT company Axact’s Islamabad and Karachi offices on Tuesday and collected manuals, records and computers as evidence in the ongoing investigation of a global fake degrees scam.’ FIA Deputy Director Tahir Tanveer saidn that the Axact offices in twin cities of Islamabad and Rawalpindi have been sealed and that around 22 employees of the IT Company were taken into custody by the Islamabad investigating team. Meanwhile, a team of the FIA’s corporate crime unit also visited Axact’sRead More