Shoaib Shaikh has caused great embarrassment for Pakistan: DG FIA

ISLAMABAD: The Director General of the Federal Investigation Agency (FIA) on Friday revealed that Axact CEO Shoaib Shaikh was working with 4 other companies as well.

Shoaib Shaikh the CEO of Axact an IT firm that claimed to be among the leading IT companies in the world was recently exposed as one of the leading diploma-mills of the world, scamming individuals out of thousands of dollars of their hard earned money.

While DG FIA, Akbar Hoti refrained from naming any of the four companies that Shoaib Shaikh was working with, he told journalists that Axact’s fraudulent operations have brought a bad name for Pakistan.