IN what looks like an upsetting development for the Sarawak Report camp, the US Department of Justice has reached a settlement with Red Granite Pictures - the notorious producers of the critically-acclaimed and groundbreaking 'Wolf of Wall Street' starring Leonardo DiCaprio as renegade American stock broker, Jordan Belfort who made a killing pumping and dumping non-performing stocks and repackaging them as bluechips with ridiculously inflated prices.
In what can best be described as a caper like no other, we are starting to think that Red Granite Pictures really should consider making a movie of this whole 1MDB saga, and also a mini-series on the shenanigans of the Clare Rewcastle Brown and Lukas Straumann pairing, not forgetting the financiers and politicians behind them. It's time that their sinister motivations - masked as civil rights crusades and environmental campaigning, when that cannot be farther from the actual truth - be exposed for what they truly are.
– The NINE QUESTIONS Panel
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2. RELATED: 'WOLF OF WALL STREET' PRODUCER SETTLES U.S. FORFEITURE SUIT
3. RELATED: 'WOLF OF WALL STREET' PRODUCER REACHES SETTLEMENT IN CORRUPTION CASE
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'WOLF OF WALL STREET' PRODUCER RED GRANITE SETTLES FORFEITURE CASE WITH U.S. GOVERNMENT
Prosecutors previously told the court civil discovery would have an adverse effect on the related criminal investigation.
REPORTED BY THE HOLLYWOOD REPORTER
Red Granite Pictures and the U.S. government have resolved the civil forfeiture case related to a Malaysian embezzlement investigation, according to a notice of settlement filed in California federal court Friday.The feds had been seeking seizure of more than $1 billion in assets that were allegedly diverted by high-level Malaysian officials into shell companies, some of which may have been used to fund Red Granite's films. The company is run by CEO Riza Aziz, the stepson of Malaysian Prime Minister Najib Razak, and prosecutors believed it received about $100 million of the embezzled funds. A separate civil forfeiture targeting profits from Red Granite's Daddy's Home and Dumb and Dumber To has also settled.