The case against the 2013 Martin Scorsese picture is part of more than a dozen forfeiture lawsuits the US filed last year against over US$1 billion ($1.4 billion) in assets allegedly acquired with money stolen from 1Malaysia Development Bhd.
LOS ANGELES (May 18): The producer of “The Wolf of Wall Street” is in talks with the US Justice Department to settle a lawsuit alleging the movie was funded by money siphoned from a Malaysian state investment fund.
Lawyers for Red Granite Pictures Inc., which was co-founded by Riza Aziz, a stepson of Malaysian Prime Minister Najib Razak, and the US on Tuesday asked a federal judge in Los Angeles to extend a deadline in the lawsuit so that they can “focus on their ongoing negotiations.”
