Wolf of Wall Street producer to pay US$60mil in 1MDB case


LOS ANGELES: Red Granite Pictures has agreed to pay US$60mil (RM234mil) to the US government in order to resolve allegations that it profited from a massive Malaysian corruption scandal.

The company, which produced "The Wolf of Wall Street" among other films, filed a joint stipulation with federal prosecutors on Tuesday (March 6). Under the agreement, Red Granite does not admit to any wrongdoing.

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