08 March,2018 08:12 AM IST | | Agencies
The Wolf of Wall Street
The Wolf Of Wall Street (2013) producer Red Granite Pictures has agreed to pay $60 million to the US government to resolve allegations that it profited from a massive Malaysian corruption scandal. The company filed a joint stipulation with federal prosecutors. Under the agreement, Red Granite did not admit to any wrongdoing.
"We are glad to put this matter behind us and look forward to refocussing all of our attention back on our film business," the company said in a statement. Prosecutors had filed a civil asset forfeiture action against the company in July 2016.
Catch up on all the latest entertainment news and gossip here. Also download the new mid-day Android and iOS apps to get latest updates
ALSO READ
Military Intelligence, Pune Police bust illegal arms racket; 9 from Kashmir held
Akon performs ‘Chammak Challo’ at Cherry Blossom Music Festival in Shillong
Nicole Kidman to be honoured with International Star Award in 2025
Zack Snyder to direct a new feature film centered around LAPD
Musician Will.i.am reveals why he lives in a hotel despite USD 70M net worth
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
