Wolf le­gal suit set­tles

The Courier-Mail - - WORLD -

KUALA LUMPUR: The movie com­pany that made The Wolf of Wall Street, and was co­founded by the Malaysian Prime Min­is­ter’s step son, has set­tled a civil law­suit brought by the US Gov­ern­ment to seize as­sets al­legedly bought with money stolen from a Malaysian gov­ern­ment fund.

US pros­e­cu­tors had claimed the 2013 film was fi­nanced by Red Gran­ite Pic­tures us­ing funds stolen from 1Malaysia De­vel­op­ment Ber­had. They also sought to seize a Pi­casso given to Leonardo DiCaprio and jew­ellery worth mil­lions given to Mi­randa Kerr, all al­legedly from 1MDB funds.

De­tails were not re­vealed.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.