: Malaysia is getting back more of the money lost in the 1Malaysia Development Bhd scandal.
He said US$3 million was deducted to reimburse the US Department of Justice and the Federal Bureau of Investigation for costs incurred for investigations, seizure, litigation and securing a settlement with Red Granite as well as for investigating, seizing and maintaining the superyacht Equanimity when it was in Indonesian waters.
Red Granite Pictures is a US-based film production company linked to former prime minister Datuk Seri Najib Abdul Razak’s stepson Riza Aziz. It is most famous for producing the movie Wolf of Wall Street starring Leonardo Dicaprio. “Malaysia has now recovered US$322 million of 1MDB assets since investigations began after the general elections in May last year,“ he said.
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