IT company Axact has resumed its operations, according to a note published on official website of the company.
The company is inviting all its old employees to rejoin the firm. It has mentioned that it will reactivate employees of the company — with all unpaid salaries of 15 months cleared in a single go — who join them before 30th September 2016 latest.
For the employees that join, Shoaib Shaikh, CEO of Axact announced that the company will pay back their salaries from May 2015 to date.
For any Axactians that miss the September 30 deadline, they will still be able to join and receive their salaries. However, they will have to go through the routine recruitment procedure again.
The company has said that Axact employees can report to headquarters with their ID card and work as they did. They can check in with their supervisors in case of any queries.
Background of Axact Case
The scandal started on 17th May, 2015 when The New York Times accused Axact for selling fake degrees and thesis to foreign students. Times claimed that the company’s business was “to take the centuries-old scam of selling fake academic degrees and turn it into an Internet-era scheme on a global scale.”
The owner, Shoaib Ahmed and rest of the senior members of the organization refuted the “baseless, substandard reporting”.
As the allegations were too grave to ignore, the government intervened and initial inquiry was conducted by FIA under the guidance of interior minister Chaudary Nisar Ali Khan.
Shaikh, along with six directors of the company was taken in custody on May 27, 2015 but were soon dropped charges against over “lack of evidence”.
After much speculation since then, Axact has now officially resumed the operations with hopes to fix the reputation of the company. For the purpose, Axact also announced to pay more, provide more facilities and benefits under their new “Pehlay Say Bhi Ziada” campaign.