SC orders CEO Axact to submit his passport to SHC

The Supreme Court after giving orders to place names of Axact CEO Shoaib Shaikh and other accused in the fake degree case on the ECL, revoke its order on the request of journalists present in court.

The court ordered the owner of Bol Network, to submit a written reply in the case and hand over his passport to the Sindh High Court.

During the hearing, FIA Director General Basheer Memon informed the bench, headed by Chief Justice Saqib Nisar, that Axact runs websites of 330 universities which do not even have campuses and Axact is not affiliated with the said universities. However it is possible to get a degree within an hour at the cost of around Rs500,000.

“If this is what has been happening since 2006 until 2015, people have been defrauded,” Justice Nisar observed.

The court then ordered the Sindh High Court (SHC) and Islamabad High Court (IHC) to promptly decide on the pending cases regarding Axact. SC also directed the lower courts to suspend bails of the accused if they do not cooperate with the courts.

The news came just months after an investigation by Canada’s national broadcaster uncovered that hundreds of people working in diverse fields across Canada possess fake degrees issued by Axact.