‘Wolf of Wall Street’ producer to pay US$60 mil settlement
LOS ANGELES (March 7): The producer of the "Wolf of Wall Street" agreed to pay US$60 million to settle claims it financed the movie with money siphoned from a Malaysian state investment fund.
The settlement between the U.S. Justice Department and Red Granite Pictures Inc, which was co-founded by a stepson of Malaysian Prime Minister Najib Razak, also covers U.S. forfeiture claims against the producer’s rights and interests in two other pictures, “Daddy’s Home” and “Dumb and Dumber To.”
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