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Search Results for 'AXACT'

Shoaib Shaikh sent to jail on judicial remand in Axact money...

Axact CEO Shoaib Shaikh was sent to jail on judicial remand till March 3 by the district court south which was hearing a money laundering case on Tuesday. Shaikh was arrested on Monday evening after the Sindh High Court (SHC) rejected his [...]

Posted On : Feb, 28 2018 | Comments : 0

Axact Assistant Vice President Gets 21 Months Jail, $5.3 Mil...

Umair Hamid, Assistant Vice President for International Relations at Axact, was recently sentenced to 21 months in prison for his role in an international diploma mill scheme operated through the Pakistani company, by the Acting United St [...]

Posted On : Aug, 30 2017 | Comments : 0

Worried Pakistani IT Industry After Axact

Already outsourcing to Pakistan had dried up due to the security concerns, load-shedding, and red-tapes involved in bureaucracy. And now this Axact scandal of selling fake degrees in the garb of an IT firm has darkened the atmosphere to a [...]

Posted On : Jun, 01 2015 | Comments : 0

Shoaib Ahmed Shaikh of Axact

Country is rocking with the news of fake degree scam allegedly run by one of the well known software firms in the country. More thrilling is the tale as how the CEO of that firm managed to secure a license for a private television channel [...]

Posted On : May, 25 2015 | Comments : 0

NEW YORK TIMES AXACT SCANDAL: ARE WE READY TO HAND OVER OUR ...

According to the article published in New York Times on May 18, 2015 Axact, a very well known IT company in Pakistan which claims to be the largest Private sector company in Pakistan was offering degrees and diplomas online through number [...]

Posted On : May, 21 2015 | Comments : 0

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