FIA Raids Axact Offices, Confiscates Hardware, Takes Employees into Custody

Following Ch. Nisar Ali Khan’s orders, Interior Minister of Pakistan, Cyber Crime wing of Federal Investigation Agency raided Axact offices in Karachi and Islamabad.

Interior Minister had directed Federal Investigation Agency (FIA) to probe into allegations against Axact to determine the authenticity of New York Time report that had alleged Axact for selling bogus online degrees worth millions of dollars.

Media reports claim that FIA’s corporate crime wing is also investigating the matter while FIA has asked FBR to share Axact’s financial belongings.

Also Read: Axact Sells Fake Online Degrees Worth Millions of Dollars, NYT Alleges

SECP is reportedly probing the matter as well.

According to media reports, at least 22 Axact employees were taken into custody while Axact’s Rawalpindi office has been sealed. FIA said that notices to Axact officials are being prepared and will be served with-in next few hours.

Arrested employees include senior ranking officials of Axact.

After early examination of hard disks and financial records, if found suspicious, a case will be registered against Axact and a proper investigation will be launched against the company.

Earlier in the morning Shah Mehmood Qureshi of Pakitan Tehreek-e-Insaf, urged Interior Minister to find out the activities of Axact. Mr. Shah said that it is very important to figure out the truth about the allegations levelled against a Pakistani company.

In another development, Senate, the upper house, debated on New York Time’s allegations against Axact. Senators were concerned about the allegations, mainly because it was damaging for Pakistan in general and other Pakistani IT companies in specific.

Also Read: Axact Responds to NYT Report, Calls it Baseless

Raza Rabbani, Chairman of Senate, formed a committee to probe into the matter to determine the ultimate truth.


Tech reporter with over 10 years of experience, founder of ProPakistani.PK