The Islamabad and Karachi offices of the software company Axact were raided on Tuesday, just days after The New York Times printed a story accusing the firm of selling fake degrees.
Axact, which also has a media wing and is planning on launching a news channel and publications in English and Urdu, denies the report, calling the claims "baseless, substandard, maligning, [and] defamatory." The company also threatened legal action against the newspaper.
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