1MDB sues Riza Aziz, Hollywood studio for RM1bil


KUALA LUMPUR: Hollywood producer Riza Aziz Abdul Aziz has been sued by the 1Malaysia Development Bhd (1MDB) and its three subsidiaries for allegedly misappropriating US$250mil (RM1.03bil) which was said to have been used for real estate purchases and financing movie productions.

According to a court document, Riza Aziz, who is also the stepson of former prime minister Datuk Seri Najib Razak, was named as the first defendant while a film company he co-founded, Red Granite Pictures Inc., was the second defendant.

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