PHOTO: AFP
ISLAMABAD: The Federal Investigation Agency (FIA) has arrested Axact Company’s Chief Executive Officer (CEO) Shoaib Ahmed Sheikh in the fake degree scandal case and present him before a court in Islamabad today (Wednesday). Sheikh was arrested 82 days after being convicted.
In 2016, the FIA had registered a case against Axact CEO and his partners for charging billions of rupees by selling fake degrees to customers. On July 05, a trial court sentenced Shoaib Sheikh and 23 others to seven-year imprisonment.
Court indicts Axact CEO, others in money laundering case
District and Sessions judge Chaudhry Mumtaz acquitted Sheikh’s wife Ayesha Shoaib, Col (retd) Jamil Ahmed and Lt Col (retd ) Muhammad Younis for lack of evidence.
On July 11, when the convicts filed for an appeal in Islamabad High Court (IHC) against the trail court order, the IHC judge Athar Minallah noted that there would be no hearings on their appeals unless they surrendered.
Earlier this month, four of the accused had filed an application in the IHC against their arrest, stating that despite giving written application to the FIA director general, they were not arrested. They said the FIA was unnecessarily dragging the matter, compromising the rights of the accused.
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