Re: AXACT (Bol TV) making millions by selling fake degrees/diplomas: NYtimes exclusiv
It remind me of BCCI scandal !
I have a different take on Axact issue, any nation in the world fine the corporate offenders, the examples of Goldman Sachs, BOA, Chase, UBS, Credit Sussie .. are all over the place, they were fine billions of dollars but never threatened to be closed.
The way whole operation unfolded in just two days is proof enough that something is seriously wrong, we have scandals of 100billion upward in this country and never saw such fast action.
Going with the Axact example why the so called people of Pakistan didn't force to take action on the Mr.10 % articles in Wash Post, NYtimes and BBC documentary on Sharif family?
To me Axact only mistake is not to share the pie. Learn from Malik Riaz, Mr. Sheikh !
You missed one very important difference between Mr. Sheikh and Malik Riaz, Zardari etc.
Wut Axact ownership was involved in, could be some national scams or domestic frauds as well but Declan Walsh didnt highlight that nor his tax detail or anything. What was actually the focus of his investigative report was how big of a "international" scam is, especially when it involved all the big and powerful universities worldwide. People from all around the world go crazy to get admission in such schools but here there is an institution who is selling the fake degrees using the name of these super esteemed educational institutions. And now we have Saudi Princes buying degrees from Axact instead of actually taking admission in Columbia or spending time over there. That my friend creates the entire difference.
So not only the pressure comes from the resourceful universities but also from its legally graduated diplomats who are serving on a major scale all over the world, And what you saw in 2 days is a result of this pressure. I'm sure even if they start same operation in Nigeria, they'll be busted in the same fashion. Imagine, they found a fake seal of foreign office of USA. You can easily guesstimate how powerful they had been in last decade.
I can bet my money that today Zardari or Malik Riaz or anyone start similar international scam, they'll be busted as well. Similarly if Mr. Sheikh runs away from Pakistan, I'm sure interpole will jump in quickly to hand him back over.