Tag: Red Granite Pictures
He is accused of committing the offences in the US and Singapore between April 4, 2011 and Nov 14, 2012.
Under the agreement, Red Granite CEO Riza Aziz will not get any salary above what is required to maintain health insurance coverage until the money is paid, says report.
Terms have not been disclosed but the settlement will also cover the producer's rights and interests in 'Daddy's Home' and 'Dumb and Dumber To'.
Lawyers for Hollywood production company behind Wolf of Wall Street, say company wants to clear its name promptly.
US prosecutors have named the CFO of Red Granite Pictures to provide oversight of the company while a forfeiture case over graft allegedly involving 1MDB is being settled.
Prosecutors say the discovery process of the civil case could jeopardise the criminal investigation.
The independent financial overseer will oversee transactions of the film company in the wake of accusations that it used money allegedly stolen from 1MDB to make three movies.
Report raises possibility the US Department of Justice may go after the latest movie being shot by Red Granite, a remake of the classic Steve McQueen's Papillon.
Saya Anak Bangsa Malaysia in Australia says Aussie model must emulate US actor Leonardo DiCaprio and return luxury items bought using funds allegedly from 1MDB.
Lawyers for Red Granite Pictures Inc. and US Justice Department on Tuesday asks federal judge in Los Angeles to extend a deadline in the lawsuit so that they can 'focus on their ongoing negotiations.'
Mereka secara sukarela membatalkan saman tanpa prasangka, menurut dokumen mahkamah yang difailkan pada Jumaat
The Hollywood Reporter raises questions about Leonardo DiCaprio’s foundation, which has received support from Jho Low, and which is secretive about its accounts.
"A film like 'Wolf of Wall Street' with DiCaprio and Scorsese is an evergreen property and it could easily make another $100 million in the near future," said Jeff Bock, senior box office analyst at Exhibitor Relations.
Assistant Attorney General Leslie Caldwell told reporters on Wednesday that all assets and rights to the movie would be seized as they stem from laundered money.