Rejection of protective bail: Is that an out of the way approach to arrest Axact CEO?

Rejection of protective bail: Is that an out of the way approach to arrest Axact CEO?

The Chief Executive Officer (CEO) Axact, Mr. Shoaib Ahmed Shiekh has been detained by Federal Investigation agency on Monday, shortly after he came out of the Sindh High Court.

Interestingly, this time, we saw an unusual move in order to make this custody happened. The court rejected the plea of ‘protective bail’ for the first time ever in the history of Pakistan, as per claimed by the Axact lawyers.

The court rejected the plea while hearing the Axact scandal and money laundering case. However, FIA had already filed a plea against Shiekh’s acquittal in the case.


Shoaib Shiekh has reportedly been moved to the corporate crime cell of the FIA and will be produced before a trial court tomorrow.

Despite the harsh court verdict against Shoaib Shiekh, he was quite calm and confident.

“I have faith in judiciary and justice,” he said while addressing the media on the spot.

The strong-standing CEO also quote the splendid verses from Faiz Ahmed Faiz’s collection:

“Jis dhaj se koi maqtal pe gaya, vo shaan salamat rehti hai,

Yeh Jaan tu aa’ani ja’ani hai, iss jaan ki koi baat nahi”

The rejection of protective plea, however, generated a wave of concern among the citizens. People who were already accusing the Indian paid media groups that include Geo and Jang, Dunya and, Samaa for cooking up the fake Axact scandal, have now has the solid reason to stand firm with Axact and Bol media group.

Click to add a comment

Leave a Reply

Your email address will not be published.


More in Pakistan

iffat omar

Iffat Omar is invited to join Maryam Nawaz’s Jalsa

Muhammad UsmanMay 20, 2022
COMSAT Faculty

COMSATS University Faculty Goes on Strike Against Immoral Activities

Muhammad UsmanMay 20, 2022
List of Imported Items Banned

The Complete List of Imported Items Banned in Pakistan is available here

Muhammad UsmanMay 19, 2022
Pakistani Billionaire

Ukraine Receives Fighter Jets from a Pakistani Billionaire

Muhammad UsmanMay 19, 2022
international circle-style Kabaddi league

Pakistan is preparing to launch the world’s first international circle-style Kabaddi league

Muhammad UsmanMay 19, 2022

WhatsApp and Facebook most commonly utilised apps to harass women in Pakistan

Muhammad UsmanMay 18, 2022
Aamir Liaquat Hussain

Naked videos were leaked ‘To please Imran Khan, .’ Aamir Liaquat

Muhammad UsmanMay 18, 2022


Muhammad UsmanMay 17, 2022
Dum Mastam

Nawaz Sharif to watch Dum Mastam: Adnan Siddiqui

Muhammad UsmanMay 16, 2022