BOL boss sent on two-day judicial remand

 JournalismPakistan.com |  Published: 8 June 2015

Shoaib Shaikh, the chief executive of BOL, has been remanded in a fake degrees case. Nine individuals, including him, are under investigation by the FIA.

Summary

KARACHI: A district sessions court in Karachi Monday sent chief executive of BOL and Axact Shoaib Shaikh and eight others on a two-day judicial remand in the fake degrees case. During the hearing, Federal Investigation Agency investigators argued before the court that ‘concrete’ evidence was discovered against the accused during their investigations. “Abdul Rauf, the owner of a printing press who the Axact management hired to publish fake degrees, has been traced and been included in the witnesses list,” the court was told. BOL New Television is yet to be launched but some prominent anchors like Nasir Baig Chughtai, Jasmeen Manzoor and Mubasher Lucman have started live streaming their programs.

KEY POINTS:

• Shoaib Shaikh and eight others received a two-day judicial remand.
• Federal Investigation Agency claims to have found concrete evidence.
• Abdul Rauf, a printing press owner, is included as a witness.
• BOL New Television has not yet launched.
• Prominent anchors are live streaming their programs.