BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)
Life & Style

Leonardo Dicaprio returns his Oscar Trophy

The ‘Wolf of Wall Street’ actor gave back his Oscar Statuette to the US government amid a money laundering investiga
Published Updated

The ‘Wolf of Wall Street’ actor gave back his Oscar Statuette to the US government amid a money laundering investigation on a state owned Malaysian investment fund. Dicaprio has been dragged in the matter after he received some gifts including this Oscar statuette from the accused party.

The Hollywood mega star was presented a Marlon Brando’s best actor Oscar statuette alongside some expensive and valued artifacts as his 38th birthday gift in 2012 from some business acquaintances at the Red Granite Pictures that also invested in his movie ‘Wolf of Wall Street.’

The company is said to be involved in a USD 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.

It is also said the money funded by the accused company was used in portraying the lavish lifestyle of ‘Jordan Beltford’ in the Martin Scorsese movie. According to the Oscar winner’s spokesperson, Leonardo received all the gifts with the intention of auctioning them and raising money for his charitable foundation. The spokesperson further said that he has returned everything to the authorities after the scandal broke out.

The millions worth gifts included artworks like a Picasso painting, a photograph by Diane Arbus and a Jean- Michel Basquiat collage.

Copyright Business Recorder, 2017
 

Comments

Comments are closed for this article.