Indian markets cheer Modi’s likely return to power. It also threatened several news organizations and bloggers reporting on the issue with lawsuits. All fake degrees should be cancelled immediately. It should have been 99 years plus confiscation of all assets. The CEO of the company, Shoaib Shaikh, and 13 top management officials were sent behind the bars, and all offices of the company and its affiliates like the Bol TV channel were sealed, leaving more than 2, employees out of job, making their families fear an uncertain future. The matter must be urgently addressed if Pakistan wants to avoid further humiliation on the international stage.

Syed Zafar Kazmi U. The spectacular crash of Shoaib Shaikh’s digital empire. What happened to Judge who earlier acquitted him of all wrongdoings? Why would the Australian team visit Gallipoli for inspiration? Even if the parties are ready for such a prolonged protest, there has to be a consensus on the goal. SBP warns of higher inflation next fiscal year.

Jul 05, The case of Dr Asim Hussain is another example of how the functioning of Ziauddin Hospital continued unabatedly while its chairman went through a legal trial. And after that keep all the money.

PM okays appointment of 18 wtudy. It’s like I steak rupees and the court fined me one rupee, marvelous! Seven years for what they did?

Axact CEO, 22 others sentenced to 20 years in jail in fake degrees case – Pakistan –

Canadian Broadcasting Corporation, September 15, The findings uncover that the corporate greed and especially the personal greed of its criminal mind chairman xxact chief executive led to devastation of business values, ethics, and corporate citizenship.


The 23 convicts were sentenced to: What’s harm to them?. The accused were handed down sentences under various charges, amounting to a collective punishment of 20 years each.

What happened to Judge who earlier acquitted him of all wrongdoings? The punishments will run concurrently and they will spend a maximum of 7 years which is too short. No separate evidence required for them. Mudasir Hassan – USA. Umair Hamid, a vice president of Axact, was last year sentenced to 21 months in prison in the US for his role axactt the international diploma mill scheme. Awaam this dtudy a national security threat The Canadian Broadcasting Corporation ‘s television series Marketplace carried out an investigation into the prevalence of fake academic credentials.

It also threatened several news organizations and bloggers reporting on the issue with lawsuits.

The Axact case

Raised in a lower stuudy class background, Shoaib Shaikh had maneuvered his way through various ups and downs of a challenging business environment to become the owner of a company that was often referred to by media as an empire bigger than what was initially imagined, and having involvement in a money laundering scam affecting at leastpeople in countries, one-third of them from the United States.

How come the judge decided the verdict without the presence of the accused in the court?

Jul 07, Retrieved 23 June — via NYTimes. No Pakistani will think that way!!!

axact case study

Soon after the publication of the report, the interior xaact, despite being popular for its dormancy of action after all major terror attacks in the country, came into quick action, and directed the Federal Investigation Agency to begin its investigation against the company.


Nawaz Sharif, Zardari etc. Might even be released early due xtudy good behavior. Is this the end of Pakistan’s top software company? Dear reader, online ads enable us to deliver the journalism you value.

Axact case, again – Newspaper –

A New York Times investigation identified more than websites associated with Axact’s alleged fake diploma operations, including sites for fictitious universities, 41 for high schools, 18 for fake accreditation boards, and degree portals. Good as now it seem that Pakistan is marching towards punishing the guilty. The devastating affect of fake degrees will leave a long duration in places wherever they got acceptance. Would Axact and its employees be compensated for the losses this litigation incurred to them?

axact case study

The New York Times. The money they earned from this crime should also be brought back. An example needs to be set by the law so others don’t follow suite.

Therefore, casee was allowed to leave upon reaching the airport.