Bol News Live: Bol News Live (Urdu: بول نیٹ ورک) is a media conglomerate based in Karachi owned
by Shoaib Ahmed Shaikh, who also served as the CEO and chairman of the media network. According
to Declan Walsh Bol Network was under the auspices of the fake diploma millAxact.
What is a Bol News Live?
The media group was supposed to incorporate television, digital media, cinema and theatre
as well as digital media, but when the parent company of Bol, Axact, was unmasked as a diploma
mill selling fake degrees Pakistan Electronic Media Regulatory Authorityrevoked the licence that it
had awarded BOL, and the network was not even able to start transmission. Pakistani journalist
Kamran Khan was appointed as the editor in chief, but he quit after the Axact scandal surfaced and
stated that his conscience did not let him be affiliated with such a network.
Bol has launched its live regular transmission on 25 December 2016.
About Us Bol News Live
The BOL Network was started by Pakistani businessman, Shoaib Ahmed Shaikh in June 2013, and
according to him, it was meant to create an independent media house to portray a soft image of
Pakistan and several notable journalists joined the network at that time.Bol TV claims to be on
the Centrist/Centre left of the political spectrum but with a strong pro-nationalist outlook.It claims to
have offered insurance of up to Rs. 10 million to cable operators. In 2014, BOL Network advertised
on more than 20,000 public transport vehicles in Pakistan. The company also announced a television
set brand by the name of BG. During the early phases of Bol, many prominent media personnel
joined the network. These included Nabeel Zafar, Zeba Shehnaz and Haider Imam Rizvi who
joined the entertainment channel. Kamran Khan, Mubasher Lucman, Jasmeen Manzoor and Iftikhar
Ahmed were reportedly a part of the Bol News channel. However all of them resigned once the
Axact scandal unmasked the company as a scam and a fraud.The head office is located in Karachi
and called Bolistan The network’s regional headquarters in the provinces are in Lahore and
Islamabad. BOL Network, also operated their own DSNG vans and when the parent company, Axact,
was raided by FBR in connection with fake degrees and money laundering, Bol Network used its
DSNG vans to create a barricade and prevent journalists from coming near the building.When the
Axact scandal came to light reliable sources informed the Federal Board of Revenue that most of the
equipment used by Bol network had been imported illegally. A notice was served to the CEO under
Section 26 of the Customs Act 1969 and he was ordered to submit proof that the equipment being
used had been imported using legal means