Public sector lender Bank of India has lodged a complaint against one of its officials on charges of fraud.

The official posted in the Civil Lines branch of Allahabad has been accused of illegal transfer of funds worth Rs 34 lakhs from several accounts to a single account which turned out to be a fraudulous one.

The accused official named Ajay Mahendra is however absconding.

He opened the fake account in the name of Shahid Ali Siddiqui wherein he deposited funds amounting to Rs 34,66,000.

The fraud took place in the financial year 2009-10.