KARACHI – After a blazing article by New York Times Today, Axact has nullified all the allegations and has termed the article baseless, substandard, maligning, defamatory and based on false accusations.
According to the response by Axact, the article was merely a figment of imagination published without taking the company’s point of view.
New York Times earlier published an article alleging Axact of selling fake degrees online, earning a huge amount of tens of millions of dollars per year.
New York Times had cited an ex-employee of Axact who had quit the company last October.
Axact said that it had registered a criminal case with police for Data Theft. Upon police investigation, company claims, it was found that Mr. Sultan Lakhani is the ultimate owner of the company that was involved in Data theft of Axact.
Axact said that the story is merely a result of personal enmity since Lakhani owned Express Group and the New York Times are partners.
Axact didn’t say much about the allegations, but said that reporter had not enough proofs to justify his claims.
The official response of Axact to the defamatory article of NY Times reads: “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.”
The official response of the company can be followed.