FIA gets remand of Axact CEO
Axact CEO Shoaib Shaikh after being taken into custody by the Federal Investigation Agency (FIA) from Islamabad on March 9, 2023.—Photo: Express
A judicial magistrate in Islamabad on Friday granted a three-day physical remand of Axact and BOL TV CEO Shoaib Shaikh to the Federal Investigation Agency (FIA) for allegedly bribing a judge in the fake degrees case.
A day earlier Shaikh was arrested at the Islamabad airport by the FIA on charges of bribing a former sessions judge, seeking acquittal in the fake degrees case. The FIA produced the accused before Judicial Magistrate Umar Shabbir and requested his 10-day physical remand to investigate the matter.
The FIA’s investigation officer informed the court that the high court had ordered an inquiry against the accused, and during the investigation transaction of some amount in the account of the former judge was found. However, the judge did not confess to taking any bribe, he added.