Web.pk

Axact Scandal – Dawood Ibrahim & Malik Riaz

By Umar Farooq — Published on 23/04/2014
ADVERTISEMENT
CONTINUE READING BELOW

New Official response from Axact:

ADVERTISEMENT
CONTINUE READING BELOW

http://www.axact.com/defamation-response/

“Axact condemns this story as baseless, substandard, maligning, defamatory and based on false accusations and merely a figment of imagination published without taking the company’s point of view. Axact will be pursuing strict legal action against the publications and those involved.”

BOL channel network has been highly criticized as right from the word go, they were hiring staff very aggressively. As compared to other TV channels in Pakistan, they were paying much higher amounts to the anchors and other important staff. Famous anchors from different TV channels started to migrate to BOL network and their respective TV channels required a substantial increase in the salaries of their star performers so that they can convince them to stay.

ADVERTISEMENT
CONTINUE READING BELOW

Rise of BOL has certainly surprised and shocked everyone. Rumors started to arise on the scene. Allegedly the major rumor that came up on the scene was that there are two very strong parties involved in setting up BOL channel network i.e. gangster-turned-terrorist Dawood Ibrahim and Inter-Services Intelligence (ISI).

The allege reason described in rumors for setting up a news channel is that since the media in Pakistan has grown independent and ISI is being highly criticized, it was need of the time that such a channel should be introduced on the scene that is able to neutralize the effect of criticism on ISI and premiere spying agency of Pakistan could control how the media works.

All the work carried out to set up this new channel is through a company named Axact. Axact claims that it is the largest software house of Pakistan with over 5000 employees working in their company. Axact is accused of hosting illegal porn sites and also involved in selling fake degrees. Moreover its owner and founder Shoaib Shaikh was once mentioned in British newspaper report. The report accused him of hosting such websites that charge money for writing term papers and dissertations for the students.

Axact Private Limited has strong denied the allegations for its project BOL Media Network. They claim that BOL channel is not affiliated with either Dawood Ibrahim or Malik Riaz. They also claim that the rumors and news report trying to connect their company somehow with anyone of them are baseless and false. The company operates currently from Dubai, Karachi and Islamabad and has presence in over 100 countries of the world. They have more than 8 million customer base throughout the world.

In addition they also claimed that their reputation has earned them some enemies and when they launched mega project of BOL media network, the jealous entities are trying to malign the name of the company by doing negative propaganda.

About Author

Written by
Umar Farooq wins the best content writer award from the local newspaper because of his exceptional writing abilities and depth of information about the Pakistani drama business and updates. His writing abilities are outstanding and can hold readers' attention for a very long period. His writing abilities have covered a significant portion of the news and developments in Lollywood.

Popular Articles

Top 60 Pakistani Clothing Brands
ADVERTISEMENT CONTINUE READING BELOWWant to figure out the top 60 in Pakistan in 2023? Can…
28 Feb 2017
Traditional Mehndi & Dholki Songs List With Lyrics 2024
ADVERTISEMENT CONTINUE READING BELOWPakistani wedding is incomplete without different traditions like Mehndi, , Jaga. These…
14 Nov 2013
Download Pakistani Dramas – Websites List
ADVERTISEMENT CONTINUE READING BELOW 1.Youtube.com Using Video Downloader Tools: If you prefer to download Pakistani…
31 Aug 2015
PTCL DSL/Wireless Router Settings with IP – Username & Password
ADVERTISEMENT CONTINUE READING BELOWLots of new user face problems and difficulty in configuring their modems…
25 Feb 2013
10 Best Turkish Dramas in Urdu
ADVERTISEMENT CONTINUE READING BELOWAfter the Indian dramas, Turkish dramas are the only dramas that have…
30 May 2017
How To Open Blocked Sites In Pakistan Without Any Software
ADVERTISEMENT CONTINUE READING BELOWAlthough YouTube got a green signal by Government of Pakistan and Pakistan…
16 Oct 2016
Prime Minister Laptop Scheme 2014 : Laptop Specifications
ADVERTISEMENT CONTINUE READING BELOWThe Prime Minister Laptop scheme is back, last time the scheme proved…
10 Nov 2014
Funny and Cute Nicknames for Friends in Urdu 2024
ADVERTISEMENT CONTINUE READING BELOWIn Pakistan, it is observed that on a birth of baby there…
23 Jul 2015
Top 7 Romantic Turkish Mafia Dramas
ADVERTISEMENT CONTINUE READING BELOWWe’ve compiled a list of the finest Turkish mafia dramas in which…
25 Apr 2023
50 WhatsApp Group Names in Urdu
ADVERTISEMENT CONTINUE READING BELOWWhatsApp ground name has become a very hot topic these days. People…
31 Dec 2015
Mehndi and Dholaki Songs collection with Lyrics 2024
ADVERTISEMENT CONTINUE READING BELOWThe Wedding season is on once again and we see weddings taking…
12 Dec 2014
Vehicle Registration Number Plates In Pakistan: Comprehensive Guide
ADVERTISEMENT CONTINUE READING BELOWRegistration of vehicles or vehicle registration plates of motor vehicles in Pakistan…
24 May 2016