ISLAMABAD: Senate Standing Committee on Information Technology and Telecom has been told that Axact has ‘destroyed the country’. It has sold over 200,000 fake degrees and the origin of infamy is New York. It has Rs5 million equity but is paying its anchors Rs8 million. Its chairman Shoaib Shaikh holds only one share worth Rs10. […]
ISLAMABAD: Information Minister Pervaiz Rasheed has said Bol TV cannot go on air without its security clearance. Addressing a press conference at the PID, Pervaiz said the letter written to Pemra was not concerning the fake degrees but was regarding security clearance of Bol TV, requesting Pemra not to let the channel go on air […]
The ‘fake degrees mill’ run by Pakistan’s self-styled software company Axact has created ripples not just in Pakistan but around the world. International publications are increasingly giving coverage to this multimillion-dollar scam. Renowned foreign affairs expert Michael Kugelman has weighed in on the controversy to discuss if it would “taint [Pakistan’s IT] industry that is […]
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