Firm received US$9mil to produce movie, court told

KUALA LUMPUR: Hollywood production company Red Granite Pictures – the company behind The Wolf of Wall Street – had received US$9mil (about RM38mil) as an advance to produce the movie from Good Star Ltd, a company that belonged to Jho Low.

In a document tendered during the 1Malaysia Development Bhd (1MDB) trial here yesterday, it was stated that a sum of US$9mil was paid to “Red Granite Productions, Inc” to an account at City National Bank Los Angeles as “advances for Wolf of Wall Street Movie for ACHL” in September 2012.