×

‘Wolf of Wall Street’ Producer Riza Aziz Arrested on Money Laundering Charges

Riza Aziz, producer of “The Wolf of Wall Street,” was arrested Thursday in Malaysia in connection with the looting of a massive investment fund set up by his step father and former Prime Minister of Malaysia, Najib Razak.

Aziz was picked up by Malaysia’s Anti-Corruption Commission (MACC) around midday local time. He was released shortly afterwards on bail and is expected to appear in court on Friday to face formal charges.

Aziz was a co-founder of Red Granite Pictures, which produced the Martin Scorsese-directed “Wolf” in 2013. It also co-produced “Dumb and Dumberer To” and “Daddy’s Home.”

MACC is expected to allege that Red Granite receiving laundered money from Good Star, a company associated with fugitive financier Low Taek Jho (aka Jho Lo) and the 1Malaysia Development Berhad (1MDB). Low was thanked on the opening credits of “Wolf.”

In May, Red Granite forfeited $57 million which was returned to Malaysia and paid into an account for the recovery of sums that disappeared from 1MDB. The U.S. Justice Department has estimated that $4.5 billion was stolen from the fund.

Razak and his wife, Rosmah Mansor have both been charged by Malaysian authorities in connection with the 1MDB scandal that last year brought down his government. Razak is charged with abuse of power, breach of trust and money laundering. His wife, whose shopping habits were legendary, has been charged with money laundering and tax evasion. Both deny the charges.

Popular on Variety

“Despite the settlement in the U.S. and the fact that alleged wrongdoings occurred entirely outside of Malaysia, the MACC decides to press charges after a whole year of leaving this case in cold storage. He is not a criminal,” said Aziz’s sister Nooryana Najwa, in an Instagram post.

More Film

  • MyFrenchFilmFestival: Profiling Benjamin Crotty’s Short ‘Nicolas

    ‘The Glorious Acceptance of Nicolas Chauvin’: Nationalism Wrapped in Charisma

    Winner of Locarno’s Signs of Life section, Benjamin Crotty’s “The Glorious Acceptance of Nicolas Chauvin” has enjoyed more than 12 months of festival success and critical acclaim as it reaches the end of its festival run at UniFrance’s MyFrenchFilmFestival. A modern take on one of France’s most influential yet widely unknown characters, the film headlines [...]

  • Alexander Ludwig

    Alexander Ludwig on Sharing his Recovery Journey, Playing the 'Bad Boys' Tech Guy

    With his towering height and stature, Alexander Ludwig looks every bit the action star, first appearing as Cato in “The Hunger Games,” and more recently as fierce Norse Viking chief Bjorn Ironside on History Channel’s “Vikings” and in “Bad Boys for Life,” the third installment of the “Bad Boys” franchise, with Will Smith and Martin [...]

  • Will Smith and Martin Lawrence star

    Box Office: 'Bad Boys for Life' Scores Big With $66 Million Launch

    “Bad Boys for Life” is showing plenty of power at the North American box office with an impressive  launch of around $66 million at 3,740 venues over the four-day holiday weekend. Sony’s sequel to 1995’s “Bad Boys” and 2003’s “Bad Boys II” far exceeded the studio’s pre-release forecasts of a $38 million weekend. The film, [...]

  • A Bump Along the Way Movie

    'A Bump Along the Way': Film Review

    While “Derry Girls” continues to be the last word in young, raucous female rebellion on the Emerald Isle, “A Bump Along the Way” has a little something to add. Sin the same Northern Irish city as the hit Netflix sitcom, but shedding the ’90s nostalgia for the Snapchat age, Shelly Love’s appealing, unassuming debut feature [...]

  • Tresor Plots $72 Million 'Asterix &

    Tresor Films Plots $72 Million 'Asterix & Obelix: The Silk Road,' New Projects (EXCLUSIVE)

    After delivering two of the highest-grossing French films of last year, Alain Attal’s Paris-based production company Tresor Films (“Sink or Swim,” “Little White Lies 2”) is kicking off 2020 with its most ambitious project yet, Guillaume Canet’s “Asterix & Obelix: The Silk Road.” Co-produced and financed by Jerome Seydoux’s Pathé, “Asterix & Obelix” is budgeted [...]

  • Anais Bertrand on Producing Sundance Player

    Anais Bertrand on the Obstacles She Faced to Produce Sundance Player ‘Jumbo’

    Zoé Wittock’s debut feature, “Jumbo,” screening in Sundance’s World Cinema Dramatic Competition, is also the first feature film produced by up-and-coming French producer Anais Bertrand, of Insolence Productions, who has cut her teeth on award-winning shorts, including winning the Procirep Short Film Producer Award last year. “Jumbo” is about a young woman, played by Noémie [...]

  • 'Parasite,' 'Jojo Rabbit' Win ACE Eddie

    'Parasite,' 'Jojo Rabbit' Win ACE Eddie Awards for Top Feature Films

    “Parasite” and “Jojo Rabbit” have won the top feature film trophies at the 70th Annual ACE Eddie Awards at the Beverly Hilton Hotel. Jinmo Yang won the dramatic feature category for “Parasite” over “Ford v Ferrari,” “Joker,” “The Irishman,” and “Marriage Story.” The victory marks the first time in ACE Eddie Awards history that a [...]

More From Our Brands

Access exclusive content