PUTRAJAYA: The Malaysian Anti-Corruption Commission (MACC) has frozen the private bank accounts holding tens of millions of ringgit of a tycoon, who's a Tan Sri.
This follows an investigation into contracts awarded to a government vehicle supply company since July last year.
Sources said the MACC had previously raided the home and company of the businessman, in his 70s, seizing financial documents.
The MACC had recorded statements from witnesses, including government agencies and those from the company involved, which had secured contracts for supplying and managing the government's vehicle fleet.
"More than100 private accounts and company accounts worth millions under the control of Tan Sri are being analysed to study the money transfers to specific people.
"Out of this total, the MACC has frozen several accounts estimated to be in the tens of millions."
MACC senior director of investigations Datuk Seri Hishamuddin Hashim confirmed the matter when contacted.
It was reported that the MACC had inspected the home of a tycoon with the title Tan Sri, believed to be linked to a corruption investigation related to the tendering of a government vehicle supply, repair, and maintenance project (fleet project) worth RM4.5 billion.