Pakistan

Axact scam: Shoaib Shaikh appears before FIA to record statement

KARACHI: CEO of information technology company Axact Shoaib Shaikh appeared before Federal Investigation Agency (FIA) to record his statements in his company’s fake degree case, ARY News reports.

FIA had interrogated Shoaib Shaikh for seven hours regarding the Axact scandal on Monday. Director of the investigation agency Shahid Hayat has said that Axact CEO has claimed to bring key evidences regarding the case.

Earlier, Hayat visited Axact’s headquarters in Karachi yesterday. He said that the investigation of the claims is underway.

“The case is complex and will take time to be solved”, Hayat said.

Sindh High Court (SHC) rejected Shaikh’s petition seeking protective bail after which he appeared before FIA to record his statements.

Axact CEO’s counsel said that the court rejected the petition as it was immature.

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