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Pak court allows FIA to investigate Axact bank accounts

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ANI Karachi

A sessions court in Pakistan has allowed the Federal Investigation Agency to investigate the bank accounts of the IT company Axact that has been accused of being involved in a massive fake degrees scam.

According to the Dawn, an assistant director of the FIA's corporate circle said that the agency is investigating allegations against Axact for indulging in the fake diploma degrees scam.

The director also moved an application under Section 94 of the Criminal Procedure Code that states that the company and its directors had 35 accounts in various banks.

The application said that the accounts were initiated on the basis of forged documents and might have been put to use for unlawful transactions.

 

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First Published: May 23 2015 | 2:55 PM IST

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