The Anti Corruption Commission (ACC) is pressing charges against an official of Bank Asia for embezzling funds of a client.

Evidences have been found against Motijheel Principle Branch official Mosharraf Hossain of colluding with Laxmipur-based businessman Zakir Hossain Chowdhury to embezzle Tk 500,000 from the account of Motijheel Model High School and College.

ACC spokesperson Pranab Kumar Bhattacharya said the investigators have been cleared to the file the chargeheet in court over the case filed about a year ago.

According to people familiar with the probe, the duo withdrew the fund from the Motijheel Model High School and College’s account on Jun 15 2015 and transferred it to the account of Chowdhury’s firm M/S ZH Chowdhury Traders.

The fund was cashed through cheques signed by Chowdhury. Two years later in March 2017, when the discrepancy came in to light the same amount was transferred to the educational institution’s account.

On Mar 16 that year, the ACC filed a case with the Motijheel police and took more than a year to complete the investigation.