Leonardo DiCaprio testifies against Pras Michel of Fugees at ongoing conspiracy trial

Patrick Frater Asia Bureau Chief After reaching a fresh peak of 4.6 million net new customer additions in the final quarter of 2022, boosted by the FIFA World Cup soccer competition, premium subscription video growth in Southeast Asia slowed sharply in the first three months of 2023. Research from consultancy and advisory firm Media Partners Asia and its consumer use unit AMPD, showed only 300,000 net new subscriptions between January and March in the five principal markets of Southeast Asia – Indonesia, Thailand, Malaysia, Singapore and the Philippines. The study focused on premium VOD streaming and SVoD, while excluding YouTube, TikTok and other social video platforms.

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centred around former Fugees member Pras Michel.Michel is accused of participating in a global campaign-finance conspiracy funded by Jho Low, a businessman who allegedly stole billions from a Malaysian sovereign wealth fund, 1MDB.Michel has pleaded not guilty to the charges (via CNN). According to CNN, “Low remains at large”; he has reportedly previously denied the charges in the past.Last year, speculation circled that Fugees cancelled their 25th anniversary tour celebrating their second album ‘The Score’ not due to COVID concerns, as originally stated, but due to Michel’s ongoing legal issues.DiCaprio, who is not accused of any wrongdoing, took to the witness stand for an hour to testify about his relationship with Michel and Low.

The wolf of the courtroom. Leonardo DiCaprio took the stand to testify in former Fugees rapper Pras Michel’s money-laundering case.

Leonardo DiCaprio took the stand on Monday (April 3) to testify about his relationship with accused billionaire Jho Low in a federal trial against Fugees member Pras Michel.

Malaysian financier Jho Low tried to funnel up to $30 million to President Barack Obama’s 2012 re-election campaign as part of a far-reaching influence operation.“I basically said, ‘Wow, that’s a lot of money,'” DiCaprio testified.The “Titanic” star was testifying in the trial of rapper Prakazrel “Pras” Michel of The Fugees hip hop group, who US prosecutors accuse of illegally taking tens of millions of dollars to lobby the US government on behalf of Low and the Chinese government.DiCaprio is one of several prominent figures linked to Low, who is suspected of embezzling $4.5 billion from Malaysia’s 1MDB sovereign wealth fund.The financier, who was known to pay Hollywood celebrities to party with him, supported DiCaprio’s charitable foundation and helped fund “The Wolf of Wall Street,” the 2013 movie in which DiCaprio starred.DiCaprio has been cooperating with the US government’s investigation.He managed to enter the courthouse without being spotted by news crews that had been staking out his arrival.Michel is accused of profiting from an alleged embezzling scheme by Low, as well as a Chinese government influence campaign aimed at repatriating dissident Guo Wengui.Michel faces 11 criminal counts for trying to influence the administrations of Obama and former President Donald Trump. Michel has denied the allegations.The Fugees won two Grammy Awards for their best-selling 1996 album “The Score.” But by 2012, prosecutors said, Michel was in dire need of cash.Prosecutors said Michel agreed to funnel money into Obama’s 2012 re-election campaign and hide the source of the funds.