Red Granite Pictures 1mdb

The us department of justice accused red granite pictures of accepting money from a malaysian government investment fund at the center of a multi billion dollar fraud case. Red granite pictures has paid off the balance of its 60 million settlement with the u s. Red granite pictures the film production company linked to the 1mdb scandal has reached a settlement with the us government to the tune of us 60 million rm234 million.

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Red granite forfeited 57 million which was returned to malaysia and paid into an account for the recovery of sums that disappeared from 1mdb.

Red granite pictures 1mdb. 1mdb said on april 3 it had never invested in nor transferred funds to red granite pictures whether directly or via intermediaries and has denied wrongdoing more broadly over its finances. Government in order to settle allegations that it. The payment is a. Government bringing an early end to its involvement in a 4 5 billion malaysian corruption case.

Red granite pictures the producer behind the wolf of wall street dumb and dumber to and other films has agreed to pay 60 million to the u s. Aziz was a co founder of red granite pictures.

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