Dhaka, Jan. 6 -- Corruption Commission (ACC) has filed five separate cases over the alleged embezzlement of Tk 8.7crore from Premier Bank through fraudulent advertising bills in 2020.

ACC deputy director Aktarul Islam shared the information at a briefing held at its headquarters.

According to the ACC, former Premier Bank chairman HBM Iqbal, members of his family, senior bank officials and advertising vendor Mindtree Ltd colluded to siphon off the money in the name of television advertisement campaigns against five work orders issued in 2020.

Mindtree Ltd is an advertising vendor firm managed by its Managing Director, Iqbal Al Mahmud, son of Idris Ali.

ACC records show that from August 4, 2011, to March 25, 2025, a total of Tk 438.71 c...