Malaysia’s 1MDB task force is moving quickly to map the extent of wrongdoing at the troubled state fund, freezing more than 400 bank accounts involving 1.1 billion ringgit ($372 million) and issuing arrest warrants, including for Riza’s friend Low Taek Jho.
(July 3): Malaysian investigators are questioning the producer of “The Wolf of Wall Street” as they step up efforts to recoup funds potentially lost through 1MDB.
Riza Aziz, co-founder of Red Granite Pictures and stepson of former Malaysian Prime Minister Najib Razak, arrived at the Malaysian Anti-Corruption Commission for a hearing on Tuesday afternoon. In the US, his production company had reached a US$60 million ($82.1 million) settlement in a suit that alleged the movie was funded by money siphoned from 1MDB.
