Monday, March 4, 2024

Ex CEO of Drug Regulatory Authority ‘Sheikh Akhtar’ Arrested in Fake Degree Case, Reportedly Withdrawn Rs. 2.5 Million/Month

The former CEO of the Drug Regulatory Authority of Pakistan (DRAP), Sheikh Akhtar Hussain, has been apprehended by the Federal Investigation Agency (FIA) on charges of possessing a fraudulent Ph.D. degree. This arrest follows a comprehensive investigation led by Afzal Niazi, deputy director of FIA Anti-Corruption Circle. Hussain allegedly resorted to extreme measures, faking his death twice, to elude charges related to the counterfeit degree.

The joint FIA team executed raids to capture Hussain, who stands accused of extensive corruption, amassing a staggering wealth exceeding Rs100 billion. His illicit activities include drawing salaries post-termination from government service and receiving allowances based on the forged Ph.D. Hussain’s arrest underscores a grave breach of trust and integrity within the regulatory body, raising concerns about the credibility of individuals occupying pivotal positions.

This case highlights the need for robust checks and balances in government institutions to prevent such instances of deception and corruption. The FIA’s decisive action serves as a deterrent against fraudulent practices within regulatory bodies, emphasizing the importance of transparency and accountability in upholding public trust.

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