Axact

Prosecutor Ishfaq Naqvi says a total of 26 accused were named in the fake degrees case

Says scandal brought shame to Pakistan

Arrest takes place 82 days after Sheikh was convicted by a trial court

Ayesha Shoaib Shaikh among three others acquitted in the case

SC warns of contempt charges if Bol fails to pay Rs100 million in salaries to its employees

IHC bench orders accused to submit fresh surety bonds

Says the former trial conducted by a judge who allegedly took bribe from the Axact CEO

Tells IHC the judge who conducted previous trial took Rs5m in bribe from Axact CEO Shoaib Siddiqui

Jail officials inform court that Axact CEO had a nervous breakdown

Sheikh will be produced before a trial court tomorrow; case to be disposed off within three months

Despite court orders Shoaib Shaikh remained absent from hearing of appeal by FIA against his acquittal

Sessions Judge Pervaizul Qadir Memon admitted to taking money from accused

Last week, SC directed SHC to decide Axact-related matters within 15 days

Calls on agency to take immediate steps to address flaws in investigation

Next hearing will be held on Feb 19

Court orders then withdraws directions for accused’s names to be added to ECL

Association said that Axact, BOL have been abusing the legal system and exploiting the investigative process

Top court asks FIA director general to briefly explain the case

Murphy joins televangelist Aamir Liaquat Hussain among alumni of Axact-owned ‘varsity’

FIA began investigating diploma mill scam in 2015 but case fizzled out in courts amid claims of outside influence

In addition to prison term, Umair Hamid has been ordered to forfeit $5.30 million

Judge ordered officials to produce the record after the FIA revealed they had not received certified copies

An inquiry was ordered against Axact for creating fictitious online educational institutes, FIA stated

Axact allegedly made over $200 million selling bogus degrees, according to court documents and the NYT report

New York district attorney, senior officials of FBI and USPIS file complaint against Umair Hamid

Appeal from US Department of Justice comes after arrest of Umair Hamid, a former executive at software firm Axact

Umair Hamid, 30, resumed selling fake diplomas even after Axact shut down

Earlier this month, Shoaib Shaikh was granted bail in the same case

The case against Axact has increasingly appeared in recent months to be in jeopardy

Company issued fake diplomas and degrees between 2010 and 2015 to 240,000 people, earning $205m in five years

FIA Crime Circle Peshawar unearthed an Axact company scandal in the city

Says authority’s delaying tactics left 8,000 workers jobless

She was addressing the Senate Standing Committee for Interior headed by Senator Rehman Malik

ARY CEO says there is no agenda behind takeover of Bol TV; channel will be launched within three weeks

Shahid Hayat says FIA has enough documentary proof to present case against Axact in the court of law

Denies Axact's owner has been placed on ECL

Evidence against Axact just keeps piling up after an NYT report revealed the company was operating as a diploma mill

FIA sends all confiscated electronic devices to forensic labs for investigation

Once a customer pays, senior agents call him asking for more money for attestations from embassies or shipment charges

Axact lawyers send notice to Raza Rumi for rounding up tweets

Says those involved in the scam should be tried for treason

Corporate Crimes Circle given charge of investigation into multimillion dollar scandal

Report says Shoaib’s total declared annual income was just Rs400,520

Chairman Raza Rabbani refers the case to standing committee

Sources say it is likely for the powerful bureaucracy to become successful in rendering the investigation ineffective

35 employees detained, computers, phones seized while the CEO has been asked to appear before FIA

Rs26 income tax puts Shoaib Ahmed Shaikh's monthly income at Rs33,377

Blog founder Raza Rumi says Axact's lawyers had served him a legal notice threatening to sue for defamation

Forty-five employees taken into custody from Islamabad offices of the company as FIA opens investigations

Pakistan-based firm used network of made-up schools in global scheme