government $60 million to settle a lawsuit stemming from the potential illegality of how it financed its films.Īs the United States has pursued the case, authorities have been investigating around the globe and seizing Jho Low's many opulent assets that were supposedly purchased with the embezzled money, and that includes the Oscar he gave to Leonardo DiCaprio. Red Granite Productions has since, without admitting to any wrongdoing, agreed to pay the U.S. Some of the embezzled money was also allegedly used by Najib Razak' stepson, Riza Aziz, to found Red Granite Productions and fund its films, including Daddy's Home and in an instance of life imitating art that imitated life, The Wolf of Wall Street. There was also a $35 million jet and a $250 million yacht, in addition to over a dozen properties around the world.
The laundered money was used to buy a $27.3 million diamond necklace and $200 million was used just to buy artwork, according to The New York Times. The $600,000 Oscar was chump change compared to some of the items reporetedly purchased.
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