Axact, Bol directors same: Pemra Bol licence can be cancelled if allegations proved

ISLAMABAD: Pemra has reported to the Information Ministry that directors of Axact (Pvt) Ltd and media group Bol are the same. Information Minister Pervaiz Rashid had sought to know if the directors of these two entities are different or the same. Now Pemra has confirmed that directors of the two companies are the same. If the allegations against Axact are proven during the FIA investigation, the Interior Ministry could withdraw the NoC for Bol’s licence, thus cancelling the licence.