Busted Pak firm ‘sold 1,198 fake degrees to Saudis’

June 25, 2015

Riyadh, Jun 25: A Pakistani firm under investigation for fraud allegedly sold 1,198 fake degrees to Saudis between 2011 and 2015, a local publication reported on Wednesday.

fake degreesPakistani authorities have already arrested the owner of Axact Company, Shoaib Ahmed Shaikh, in Karachi for allegedly selling thousands of fake degrees to customers worldwide during this period.

Saudis received 1,198 fake degrees from nonexistent universities, for between SR50,000 and SR100,000, the report stated. Axact allegedly forged the certificates, with several consulates and government offices in certain countries around the world attesting these documents.

Jasim Al-Khaldi, Saudi chargé de a’ffairs in Islamabad, said the embassy and cultural mission were following up on the investigations. He said the Saudi government wants to know the names of citizens who obtained degrees from the company, and those of Pakistanis working in the Kingdom using these bogus qualifications.

Khayyam Akbar, Pakistani chargé de a’ffairs in the Kingdom, said his government would provide the Saudi government with the names of its citizens with fake degrees as soon as investigations are completed.

The multimillion-dollar fake degree scandal was first scooped by Arab News in 2009. Pakistan’s top investigative agencies launched a probe after the New York Times ran a report in May this year detailing what Arab News had already revealed.

Arab News had followed up on a report that a certain Rochville University had awarded a master’s in business administration to a bulldog named Chester.

The application had been made by the dog’s owner, Vicky Phillips, founder of GetEducated.com, in an attempt to expose the fake university. Rochville’s physical location was a mystery and Arab News learned from a courier company official in Dubai that the degree originated from Axact’s office in Karachi.

When the story was published in Arab News, it received a legal threat from Axact’s lawyers, and the article had to be removed from the Internet. There was, however, no retraction in the print edition and Arab News stood by the story.

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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Agencies
May 17,2020

Abu Dhabi, May 17: Another 731 people have tested positive for coronavirus in the UAE, pushing the total number of COVID-19 infections to 23,358, the Ministry of Health and Prevention announced on Sunday.

Six more deaths from the novel coronavirus have been also confirmed, taking the country’s death toll to 220.

The ministry also announced the full recovery of 581 new cases after receiving the necessary treatment, taking that number up to 8,512 of total recovered patients.

New tests conducted

The latest coronavirus patients, all of whom are in a stable condition and receiving the necessary care, were identified after conducting more than 40,000 additional COVID-19 tests among UAE citizens and residents over the past few days, the ministry said.

It expressed its sincere condolences to the families of the deceased and wished a speedy recovery to all patients, calling on the public to cooperate with health authorities and comply with all precautionary measures, particularly social distancing protocols, to ensure the safety and protection of the public.

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News Network
March 24,2020

Mar 24: Saudi Arabia has recorded its first death from the coronavirus in a 51-year-old Afghani resident, Health Ministry spokesman Mohammed Abdelali told a televised news conference on Tuesday.

The man's health deteriorated quickly after reporting to a hospital emergency room in the city of Medina and he died on Monday night, Abdelali said.

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