Kuala Lumpur — Malaysian investigators are questioning the producer of movie The Wolf of Wall Street as they step up efforts to recoup funds potentially lost through 1MDB — the 1Malaysia Development Bhd fund. Riza Aziz, co-founder of Red Granite Pictures and stepson of former Malaysian prime minister Najib Razak, arrived at the Malaysian anti-corruption commission (MACC) for a hearing on Tuesday afternoon. In the US, his production company had reached a $60m settlement in a suit that alleged the movie was funded by money siphoned from 1MDB. Malaysia’s 1MDB task force is moving quickly to map the extent of wrongdoing at the troubled state fund, freezing more than 400 bank accounts involving 1.1-billion ringgit ($272m) and issuing arrest warrants, including for Riza’s friend Low Taek Jho. "All the accounts that were frozen were all the accounts that we suspect received funds from 1MDB," MACC chief commissioner Mohd Shukri Abdull said in Kuala Lumpur on Tuesday. "I call on the owners o...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.