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PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has frozen several bank accounts believed to hold tens of millions of ringgit belonging to a businessman with a Tan Sri title, an agency source said.

According to the source, the action was taken following MACC’s investigation into a contract awarded to a government vehicle supplier in July 2023.

The source said MACC also raided the businessman’s residence and company, retrieving financial documents that could aid the investigation.

“More than 100 private accounts and companies, worth millions of ringgit under the control of the Tan Sri in question, have been analysed to observe trends in fund transfers to specific individuals.

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