Inspector-General of Police Razarudin Husain said the bank accounts were frozen under the Anti-Money Laundering, Anti Terrorism Financing and Proceeds of Unlawful Activities Act.
He also said four of GISBH’s accounts had been closed.
Razarudin said police also ordered for eight vehicles belonging to the company to be seized.
Last Wednesday, police raided 20 welfare homes in Selangor and Negeri Sembilan which authorities had linked to GISBH.
According to police, 402 children were rescued and investigations showed that at least 13 of them were allegedly sodomised or taught to sexually assault others.
The authorities also arrested 171 people, including an ustaz and a hostel warden.
GISBH initially denied operating the welfare homes that were raided and rejected claims children under its care were sodomised or forced to sexually assault others.
However, on Saturday, its CEO Nasiruddin Ali admitted that cases of sodomy had occurred within the organisation in the past and that they were discussed internally.
While he did not give details about the nature of the offences or identify the parties involved in the discussions, he said there had been “one or two cases of sodomy”.
Razarudin said they have summoned Nasiruddin to have his statement taken in the “nearest future”.
Police will also investigate a claim made by Nasiruddin in a video on the raid, he said, but did not go into specifics.
Razarudin said the claim that Nasiruddin had discussed such cases with the relevant authorities was not true as police were not aware of it.
“But if it is true, we will look into it,” he said.
He also rejected Nasiruddin’s invitation to discuss the alleged sexual offences that took place in the welfare homes operated by GISBH.
“Is there a need to discuss such matters? We are carrying out our probe transparently and fairly to defend the rights of the victims,” he said.
Apart from the Anti-Money Laundering, Anti Terrorism Financing and Proceeds of Unlawful Activities Act, GISBH is being investigated under the Child Act, the Sexual Offences Against Children Act and offences under the Penal Code.