Axact announces to give 15 months of salaries and outstanding amounts with interest to its employees

Muneeb Ahmad Written by Muneeb Ahmad · 1 min read>

After the money laundering charges against Axact CEO, Shoaib Shaikh, were dropped, and he walked out, he has made the revival with a Special Message. Publicly has he announced that all of the Axact employees will be given their salaries of 15 months, the time during which the Company was closed.

Shoaib Shaikh, announced that the Axact employees have proved their mettle, showing exemplary determination during the times of crisis and that they will be payed in full for their outstanding amounts from the time period between from May 2015 till date, with interests.

The CEO announced that the company will be back with Pehle se bhi ziada determination and for the Axactians who exhibit this Pehle se bhi ziada determination will hence be given Pehle se bhi ziada benefits, facilities and salaries.

There were allegations of degree scams against the Axact. Just recently, the CEO was granted bail after 15 months in custody and the money laundering charges against Axact CEO, Shoaib Shaikh, were dropped.
03 September 2016

The Message

All the Axactians, their Families, Stakeholders & Well-wishers of Axact/Pakistan,

By the grace of Almighty Allah, Haq has finally prevailed over Baatil, after a challenging struggle. The 15 month long period of atrocities & injustice, which was the consequence of the tragic Saniha-e-Axact, has evidently come to an end.AxactThe resilience & determination Axactians displayed during this turmoil has been exemplary and is worthy of great appreciation. With the relentless efforts and prayers of all the Axactians, their families, our stakeholders and all our well-wishers, the darkness of malice has been dispelled by the dawn of truth and we are now stepping forward towards our destination, stronger than ever!

Furthermore, we would like to thank the entire corporate sector, especially the IT companies, who harbored all the distressed Axactians after the Saniha-e-Axact.

Adhering to our mission of Winning & Caring – We are announcing that all the Axactians of Pakistan (Officers and Staff) would get their salaries from May 2015 till date, which includes the entire period during which Axact was illegally closed, only in Pakistan. Similarly all the respected Vendors & Associates of Axact Pakistan, who have displayed patience & trust throughout this tenure, will be paid in full, for their outstanding amounts with interest till date.

We would like to assure all Pakistanis; especially Axactians, their families, stakeholders and well-wishers of Axact/Pakistan that now everything is Pehle se bhi ziada!

Pehle se bhi ziada Salaries,
Pehle se bhi ziada Benefits,
Pehle se bhi ziada Facilities,
Pehle se bhi ziada Employment,
Pehle se bhi ziada Sales,
Pehle se bhi ziada Business,
Pehle se bhi ziada IT Exports,
Pehle se bhi ziada Products,
Pehle se bhi ziada Competition,
& Most Importantly,
Pehle se bhi ziada Determination towards achieving our vision of a Positive & Prosperous Pakistan.


Shoaib Ahmed Shaikh
Chairman & CEO, Axact

Written by Muneeb Ahmad
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