1MDB: DiCaprio returns Oscar won by Brando

  • 1MDB: DiCaprio returns Oscar won by Brando

1MDB: DiCaprio returns Oscar won by Brando

Leonardo DiCaprio has voluntarily handed over Marlon Brando's best actor Oscar to the U.S. government as part of a federal investigation into a billion dollar embezzlement scheme involving The Wolf of Wall Street.

The company is said to be involved in a Dollars 3.5 billion money laundering case, the US Department of Justice is investigating Red-Granite co-founder Riza Aziz for helping his father and Malaysian Prime Minister Najib Razab in embezzling USD 4.5 billion from political development scheme, Los Angeles Times reported.

The investigation follows the reports of money laundering and fraud by state-owned Malaysian investment fund Red Granite Pictures, which funded the Wolf of Wall Street movie. According to DiCaprio's spokesperson, Leo was intending to auction the art pieces in order to raise funds for his charity. For this, the actor voluntarily handed over his Marlon Brando's best actor Oscar statuette and other artifacts that he was gifted by the company. The investigation will look into the relationship between Riza Aziz, the co-founder of Red Granite Productions, and his step-father and the Prime Minister of Malaysia, Najib Razak. Last summer, after learning of the government's planned civil action against some of those involved in the production of The Wolf of Wall Street, some of DiCaprio's representatives actually contacted the U.S. Department of Justice, and DiCaprio himself gallantly volunteered to return the paintings to the feds.

And though there are no plans at this time for DiCaprio to forfeit the money he received for his work on "The Wolf of Wall Street", his spokesperson noted that the actor intends to offer the return of any "gifts or donations" under speculation with "the aid and instruction of the government".

It is also believed that the laundered money was used for purchases of artwork and jewellery, purchase of luxury real estate and luxury yachts, paying of gambling debts and in other venues.