Dhaka, Jan. 13 -- The Anti-Corruption Commission (ACC) has filed two separate cases against 17 people - including the former chairman, managing director, and directors of FAS Finance and Investment Limited - over allegations of embezzling nearly Tk 590 million by showing loans in the names of various companies.

ACC Director General Akhtar Hossain shared the information with journalists on Monday.

The commission said the incidents took place at the head office of FAS Finance at the Suvastu Imam Square in the capital's Gulshan and other locations.

Deputy Director of the ACC headquarters Md Mashiur Rahman filed the cases as the complainant.

In one case, it was alleged that the accused, in collusion with one another, received funds from p...