Axact CEO remanded in FIA custody for three days.
ISLAMABAD -- A district and sessions court in Islamabad on Friday granted three-day remand of Axact CEO Shoaib Shaikh in a bribery case filed against him.
Earlier today, Shaikh was presented before the court after he was arrested by the FIA for allegedly giving Rs5 million as a bribe to then-additional district and sessions judge Pervaizul Qadir Memon for getting acquittal in a fake degree case.
During the hearing, the prosecutor informed the court that the statement of judge Parvez Qadir was part of an appeal in the Islamabad High Court (IHC). A trial court had convicted Sheikh and other co-accused and the judge had confessed to having received the bribe...
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