Another Blow For Axact: 912 Vehicles Confiscated

Another Blow For Axact: 912 Vehicles Confiscated|

Another Blow For Axact: 912 Vehicles Confiscated|

KARACHI- The Information Technology (IT) Company, Axact which has already been indicted with the charges of issuing fake degrees, stashing porn websites and being indulged in other illicit activities has to face another blow now.

A report coming from the sources linked with the department responsible for crime probing in Pakistan, Federal Investigation Agency (FIA) has made a new revelation.

The sources from FIA have informed that vehicles amounting to 912 which are the property of Axact have been seized by the agency. Furthermore, it is very likely that further steps would be initiated from next week for seizing the property and vehicles relating to TV channel of the company, Bol.

FIA has provided the thorough details to the Excise and Taxation department of the Sindh province, regarding the 700 vehicles being property of the company. These vehicles are also inclusive of 219 motor bikes.

While giving the details of these vehicles the provincial department has been instructed to keep the vehicles’ files in safe custody till the next orders are issued. Moreover they must not be transferred to anybody else’s name.

The sources associated with the investigation of Axact scandal have also told that most of the vehicles parked in the parking lot have been confiscated.

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