ISLAMABAD, Pakistan: Two separate teams of the Federal Investigation Agency (FIA) raided Islamabad and Karachi offices of the IT Company Axact on Tuesday and took several its employees into custody for interrogation.
The raids were conducted after the Interior Minister Chaudhry Nisar Ali took notice of the New York Times’ (NYT) accusations against Pakistan-based software company Axact about its being issuing fake degrees and ordered the FIA to carry out an inquiry of the claims.
The teams of FIA Cyber Crime department collected manuals, records and computers as evidence from the Axact offices. Several employees of the Axact were also taken into custody from Islamabad office by the FIA team. However, the agency said that employees would be freed if no charged were proved against them.
Meanwhile, the investigation is underway against the IT Company which according to a NYT report is involved in a massive fake degree scam.
In its reported titled “Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions” published on May 17, the NYT claimed that Axact allegedly earned millions of dollars from scams involving fake degrees, non-existent online universities and manipulation of customers.
Earlier in the day, the interior minister took notice of the issue and constituted a seven-member team to inquire about the allegations leveled against the Axact by the NYT. The minister directed the FIA to submit a report after a thorough investigation.
The interior minister said that the agency is to determine whether the contents of the NYT story are true and whether the company is involved in any illegal business which may bring a bad name to Pakistan.