(Oct 18): Oscar-winner Leonardo DiCaprio's charitable foundation would return gifts or donations made to him or his ventures if they were found to have come from Malaysian wealth fund 1MDB, which is being investigated on money laundering allegations, his representatives said on Tuesday.

In his first comment on the multinational probe into the fund, DiCaprio said he was cooperating with US authorities to determine if money had come from questionable sources, according to the statement.

In July a Hollywood production company was accused in a US civil lawsuit of using $100 million that prosecutors said had been diverted from the 1MDB fund to finance DiCaprio's 2013 film "The Wolf of Wall Street," in which he starred.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook