ISLAMABAD: Federal Investigation Agency (FIA) arrested Shoaib Sheikh, owner of private television channel and Chief Executive of Axact, for allegedly offering Rs 5 million as bribe to Additional District and Sessions Judge Pervaizul Qadir Memon for getting acquittal in fake degree case.

Memon acquitted Sheikh CEO of Axact Company that made billions of dollars by selling fake degrees worldwide and others in fake degrees scam on October 31, 2016. Later, judge was sacked on February 15, 2018 by Islamabad High Court as he confessed before departmental promotion committee that he had received bribe for acquitting accused.

IHC division bench in April 2018 had set aside October 31, 2016 acquittal order passed by Memon.

Meanwhile, case had been filed against CEO of Axact under Pakistan Penal Code and anti-bribery act with FIA at request of IHC registrar.

FIA on February 15, 2023 summoned Axact Chief in connection with bribe case. Sheikh, however did not appear before probe team. 

Published in The Daily National Courier, March, 10 2023

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