KARACHI: The Sindh High Court (SHC) has adjourned the petition filed by Axact against freezing of accounts of its directors and employees.
The petition was listed for hearing on Tuesday but it could not be taken up for want of time. The next date for the hearing would be fixed by the court office later on.
In the petition, it was stated that FIA has illegally freeze bank accounts of the company, their employees and family members due to which salaries of the employees could not be paid for last three months and payments of other routine expenses was also not made.
During previous hearing, the counsel for FIA submitted that bank accounts of the petitioner and its employees have been attached following the orders of the trial court. The investigation agency had asked the trial court to attach the petitioners’ account and properties under anti money laundering law as it was found during investigation that petitioner and its employees were involved in laundering money through these bank accounts.
The counsel said that Axact was carrying out the business of selling fake degrees and therefore the cases were registered against the company.
The court had directed the counsel for the petitioner and FIA and federal law officer to come prepared on the next date of hearing to forward arguments so that the case could be decided
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