Court allows FIA to probe accounts of 29 companies linked with Axact
According to details, the FIA had requested the court seeking permission to investigate bank accounts of 29 offshore companies linked with the Axact fake degree scam.
The federal agency also barred CEO Axact Shoaib Shaikh’s wife, Aisha Shaikh from going out of country.
Sources told that her name will soon be placed on the exit control list (ECL).
The FIA had registered a case against 21 persons including CEO Axact Shoaib Shaikh, his wife Aisha Shaikh and Viqas Atiq, under charges of money-laundering and fraudulent dealings.
Yesterday, the City Court Karachi had sent Shoaib and 18 others to jail on 14 days judicial remand.