of former prime minister Najib Razak with money laundering linked to state fund 1Malaysia Development Berhad .
Prosecutors brought five money-laundering charges against Riza Aziz, a co-founder of Hollywood production firm Red Granite Pictures, which was behind the Oscar-nominated film The Wolf of Wall Street.Riza, who was arrested on Thursday, pleaded not guilty to all the charges. Najib founded 1MDB in 2009 and now faces 42 criminal charges related to huge losses at the fund and other state entities. He hasBillions of dollars were looted from the investment vehicle, allegedly by Najib and his cronies, and spent on everything from yachts to pricey artwork in a globe-spanning fraud.Riza co-founded the Hollywood company Red Granite Pictures, and US officials allege that it was bankrolled by huge sums of pilfered 1MDB cash.
As well as The Wolf Of Wall Street - a 2013 film about a massive stock market scam that netted its perpetrator millions of dollars - it produced the Jim Carrey movie Dumb And Dumber To and Daddy's Home, starring Will Ferrell and Mark Wahlberg. In May, about US$57 million forfeited by Red Granite was returned to Malaysia and put into an account set up to recover money looted from 1MDB.
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