FIA apprehends Axact CEO Shoaib Sheikh on charges of corruption.
The Federal Investigation Agency (FIA) on Thursday arrested Axact chief executive officer (CEO) and owner of a private news channel Shoaib Sheikh in connection with a gratification case registered against him and an ex-additional district and sessions judge of Islamabad.
The FIR was lodged at FIA Anti-Corruption Circle on Wednesday under charges 161, 165-A, and 109 of the Pakistan Penal Code (PPC) along with the Prevention of Corruption Act, 1947 section 5(2).
According to the first information report, the Anti Corruption Circle Islamabad conducted an inquiry in response of a reference sent by additional registrar of Islamabad High Court (IHC) on Feb 17, 2018.
It was transpired during inquiry that ex-additional district and sessions judge Pervaiz-ul-Qadir Memon had admittedly received illegal gratification amounting to Rs5 million for the acquittal of the Axact CEO Shoaib Ahmed Sheikh in a case titled 'The state vs Shoaib Ahmed Sheikh'.
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