Shoaib Shaikh

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Crucifying Scam Company Axact Won't Change Pakistan

All of Pakistan now wants a piece of the Axact pie. Following revelations that so-called IT company minted millions out of selling fake diplomas, Altaf Hussain, the Muttahida Qaumi Movement (MQM) leader, demands that Axact CEO Shoaib Shaikh be tried for treason, while Pakistan's Interior Minister, Ch. Nisar Ali rues another ding to the country's "good image." Popular opinion suggests that Shaikh be made an example of, but the question is to what end? "Scruples" and "morals" are worthy ideals, but in the poor third-world, money always trumps philosophy.