BOL TV Launched With A Bang Yesterday, Watch the Amazing Inside Views Of BOL TV Offices.BOL Network is a media conglomerate based in Karachi owned by Shoaib Ahmed Shaikh, who also served as the CEO and chairman of the media network.The head office of BOL is located in Karachi and called Bolistan.
According to a tweet by BOL TV’s official twitter handle, the channel’s transmission started on Tuesday October 18, 2016 at 6pm.
BOL TV was set to be launched in 2015 but the plan was jettisoned after parent company Axact became embroiled in a fake degree scandal. The license of the channel was suspended back in 2015 andThe Sindh High Court ordered to restore the license on September 26 this year.
The Axact scandal surfaced in May last year when The New York Times published a report that claimed the company sold fake diplomas and degrees online through hundreds of fictitious schools, making tens of millions of dollars annually.
The offices of Axact were sealed, its CEO and key officials were arrested and a probe was launched on the basis of the allegations levelled by NYT. The CEO Shoaib Sheikh was granted bail after 15 months in prison and the case is still under pending in the court.