FIA arrests Axact chief [The Nation] 26 Feb, 2018

The Federal Investigation Agency (FIA) Monday arrested Axact CEO ShoaibAhmedSheikh after the Sindh High Court rejected hisprotective bail, reported Waqt News. The Islamabad High Court on Tuesday had earlier issuednoticesto Sheikh and others on an appeal of the Federal Investigation Agency against the acquittal of Axact officials in the fake degree case. The FIA had filed the appeal under section 417 Criminal Procedure Code against Additional Sessions judge Islamabad Pervaizul Qadir Memon’s judgment through which all 27 accused persons were acquitted, maintaining that the judgment was a result of a misreading. In January, international news media reports said over 3,000 UK citizens had purchased fake degrees from Axact during the period 2013 and 2014.

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