Leonardo DiCaprio thanked the case's lead defendant in an acceptance speech.
While the U.S. Dept. of Justice has filed a high-profile civil forfeiture complaint seeking to seize assets, including The Wolf of Wall Street film and EMI Music Publishing, supposedly bought through stolen funds from the Malaysian government, it is expected to have little impact on the operations of the company.
According to the civil complaint, certain individuals, led by Jho Low (also known as Low Taek Jho), misappropriated $3.5 billion in funds from 1Malaysia Development Berdhard (1MDB), described as a strategic investment and development company wholly-owned by the government of Malaysia.
In addition to EMI Music Publishing and The Wolf of Wall Street, the complaint names investments in trophy real estate properties as among the assets it is seeking to seize. In the case of EMI Music Publishing, bought by a consortium of investors that included Sony Corp. Mubadala Development Company PJSC; Jynwel Capital Limited; the Blackstone Group's GSO Capital Partners LP; and David Geffen. (After the acquisition, Sony/ATV assumed administration of EMI Music Publishing.)