FIA Director Sindh, Shahid Hyat says the case would be lodged on count of transfer of money abroad through Hundi after the agency got its hands on evidence.
Money laundering sections have also been evoked in the fake degree case against Axact while the FIA is also preparing separate charge-sheets against the company.
Umair, Zulfiqar and Saleem, three ex-employees of Axact, have become approver in the case against Shoib Shikeh.
The FIA has also recorded statement of Abbas Shah, an alleged recipient of a fake degree issued by Axact.
Salim, who has now become approve in the case, had appeared before a US court as a witness and owner of a fake university.
Zulfiqar was an in-charge of the printing section of the company while the third approver Umair had been working as vice-president of Axact.
The three witnesses have recorded their statements before a judicial magistrate.
The 2018 Boao Forum for Asia (BFA) annual conference is scheduled for April 8 to 11 in Boao, Hainan Province. The forum will be themed "An Open and Innovative Asia for a World of Greater Prosperity."
— The Daily Mail - People's Daily