INSUBCONTINENT EXCLUSIVE:
Fake degree scandal: Axact CEO Shoaib Shaikh sentenced to 7 years in jailISLAMABAD: A district and Session
Court in Islamabad has sentenced Chief Executive Officer (CEO) of Axact Shoaib Ahmed Shaikh and 22 others to 7 years in jail in Axact fake
degree scandal case.The court acquitted the accused in money-laundering and electronic crimes charges.The judgement was announced by
the case.Axact CEO Shoaib Ahmed Shaikh faced the trial afresh alongside other accused persons in fake degree scandal as an Islamabad High
Court (IHC) division bench had set aside the October 31, 2016 acquittal order passed by a sacked judge, due to pecuniary interests of the
judge in April this year.IHC division bench had set aside the judgment of sacked additional district and sessions judge (ADSJ) Pervezul
An ADSJ Memon on October 31, 2016 had acquitted the Axact officials from the fake degree scandal and later the judge on February 15, 2018
was sacked due to his admission of receiving Rs5 million bribe for acquitting the accused persons
ADSJ Memon had made this confession before IHC departmental promotion committee comprising Justice Shaukat Aziz Siddiqui and Justice Mohsin
