As a part of a money-laundering investigation, Leonardo DiCaprio handed over Brando’s Oscar, as well as other things to the US government.
Why Did He Do That?
As a part of the Malaysian US $3.5 billion embezzlement case investigation, the Oscar-winner Leonardo DiCaprio has handed over his Brando Oscar, an art piece by Picasso as well as other things to the government.
The Oscar Leo handed over was one given to him as a birthday gift. He also handed over an art piece by Picasso, a Diane Arbus photograph, and a collage by Jean-Michel Basquiat.
Jho Low, the financer of Red Granite, gave the artworks to him. According to DiCaprio’s spokesperson, Leo was intending to auction the art pieces in order to raise funds for his charity.
His spokesperson also clarified that there appears to be no plan for DiCaprio to hand back the money he earned for his role in “The Wolf of Wall Street.” He did say that DiCaprio plans to return any “gifts or donations” for “the aid and instruction of the government.”
Last year, according to the DoJ’s authorities, the US government suspected that Najib Razak, the Prime Minister of Malaysia, may have embezzled $4.5 billion from a money-laundering scheme with the help of Riza Aziz, the co-founder of Red Granite. Part of this amount was apparently used to fund the production company that produced “The Wolf of Wall Street.”
The US government also said that it may have funded “the co-conspirators’ lavish lifestyles, including purchases of artwork and jewelry, the acquisition of luxury real estate and luxury yachts, the payment of gambling expenses, and the hiring of musicians and celebrities to attend parties.”
At the time, Red Granite said they have no knowledge that they had received tainted funds. They also said that “when all the facts come out, it will be clear that Riza Aziz and Red Granite did nothing wrong.”