Traffic passes a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, July 6, 2015. REUTERS/Olivia Harris
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The U.S. Justice Department has taken legal action to recover an additional half a billion dollars in assets stolen from an investment fund established by Malaysia's prime minister, bringing the total claims to more than $1.7 billion. The assets include a Picasso painting given to actor Leonardo DiCaprio and the rights to two Hollywood films, the department said.1MDB said Friday that it is not a party to the civil lawsuit filed by the U.S. Justice Department and had never been contacted in relation to the case.U.S. authorities have not charged Low with any crime.It is one of three Hollywood films that the Justice Department says were funded with tens of millions of dollars stolen from 1MDB by Jho Low.The Justice Department filing Thursday also alleged that Low also used $9.2 million diverted from 1MDB bond sales to buy a collage made by New York artist Jean-Michel Basquiat that was also given to DiCaprio.
FOLLOW THIS ARTICLE