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1MDB denies funding Hollywood film

Published Sun, Apr 3, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Kuala Lumpur

MALAYSIAN state fund 1Malaysia Development Berhad (1MDB) on Sunday denied reports that it had provided funds to finance the 2013 Hollywood film The Wolf of Wall Street.

The Wall Street Journal reported on Friday that global investigators believe much of the funds used to make the film were diverted from 1MDB, whose advisory board is chaired by Malaysian Prime Minister Najib Razak.

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