(Mar 7): The producer of the "Wolf of Wall Street" agreed to pay US$60 million ($79 million) to settle claims it financed the movie with money siphoned from a Malaysian state investment fund.
Follow us on Facebook and join our Telegram channel for the latest updates.
(Mar 7): The producer of the "Wolf of Wall Street" agreed to pay US$60 million ($79 million) to settle claims it financed the movie with money siphoned from a Malaysian state investment fund.
The settlement between the US Justice Department and Red Granite Pictures Inc., which was co-founded by a stepson of Malaysian Prime Minister Najib Razak, also covers US forfeiture claims against the producer’s rights and interests in two other pictures, “Daddy’s Home” and “Dumb and Dumber To.”
Never miss out on important financial news and get daily updates today
×
Download The Edge Singapore App
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
