As FIA fails to submit evidence, Sindh High Court grants bail to Axact CEO Shoaib Shaikh in the alleged fake degree case.
Justice Muhammad Iqbal Khoro of Sindh High Court granted the bail of Shoaib Shaikh and 14 others who were accused of fraud, extortion and money laundering. All these were nominated guilty by the Federal Investigation Agency (FIA).
All fifteen who have been granted bail have been ordered to submit Rs. 5, 00,000 each along with undertaking.
#Axact lawyer said #FIA failed to present even one complainant; used delaying tactics for 15 months without pressing charges in the court
— AmirZia (@AmirZia1) August 15, 2016
#Axact CEO #ShoaibSheikh
granted bail
Sheikh was nominated in fake degree scam case along with
14 others— Faizan Ali (@Malik_Faizan01) August 15, 2016
Some people are happy and expressing their happiness through their tweets on the release of Axact CEO Shoaib Shaikh.
finally finally great news fo #axact and its associated ppl.
— Roomman Arif (@rarif001) August 15, 2016
This is a good rulling given by the court. #Axact pic.twitter.com/mYOEYrTa6h
— Hussain Yaqub (@HussainYaqub3) August 15, 2016
Congratulations @AxactTweets on Shoaib Sheikh's release. ✌??
— Z E N U B (@QararaRasha) August 15, 2016