KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) raided the residence of a businessman with the title Tan Sri yesterday for an investigation into allegations of corruption involving the procurement and management of the government's fleet of vehicles worth RM4.5 billion.
Sources told a Malay daily that the graftbusters also raided four companies including a government vehicle supplier.
Over 100 private accounts and companies under the companies' control were also reportedly obtained by the MACC for further investigation.
However, no account freezes were imposed.
It was also reported that MACC chief commissioner Tan Sri Azam Baki and the MACC Investigation Division senior director Datuk Seri Hishamuddin Hashim had confirmed the raid.
The concession to supply and manage government vehicles has been held by Spanco Sdn Bhd since 1993.
However, after the contract ended in 2019, an open tender was launched.
Berjaya Group and Naza Sdn Bhd later formed a consortium and secured the contract through a Letter of Intent (LOI) in that year.
Last July, Berjaya's founder, Vincent Tan, filed a lawsuit against the Finance Ministry and Spanco regarding the terminated LOI, alleging that the contract was awarded to Spanco despite their higher bid.
Tan's claims prompted calls for an MACC investigation, but there were no developments until the recent raid.