Malaysia: Last News

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All news where Malaysia is mentioned

etonline.com
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Leonardo DiCaprio Testifies at Fugees Rapper Prakazrel 'Pras' Michel's Trial
Leonardo DiCaprio took the stand at Washington, D.C.'s federal courthouse on Monday as a witness in the trial of former Fugees member Prakazrel «Pras» Michel.Pras is accused of allegedly funneling money to Barack Obama's 2012 presidential reelection campaign through straw donors and working with fugitive Malaysian financer Low Taek Jho, also known as Jho Low. Five years later, prosecutors say Pras tried to squelch an investigation into Low under former President Donald Trump’s administration. Additionally, Low is being accused of masterminding an international money laundering and bribery scheme that stole billions from the Malaysian state investment fund known as 1MDB.Both Michel and Low are facing charges in the United States, but Low remains at large, so Michel is on trial alone.CBS News reports that DiCaprio, who is not accused of any wrongdoing, testified to a grand jury on Monday and discussed his relationship with Low in a bid by prosecutors to show that Low used stolen money to curry favor with actors, models, and politicians in the United States. According to prosecutors, Low and DiCaprio wereintroduced by the stepson of former Malaysian prime minister Najib Razak, who was charged in Malaysia in connection with the 1MDB corruption scandal. DiCaprio recalled to jurors first meeting Low when when he attended his Las Vegas birthday party in 2010.
nypost.com
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Leonardo DiCaprio testifies in Fugees’ lobbying trial that financier Jho Low tried to funnel $30M to Obama
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.

Latest News About Malaysia

What is the current situation in Malaysia?

Malaysia is currently in the spotlight due to local government initiatives that impact the region.

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Events and developments in Malaysia often have a ripple effect on surrounding areas, shaping regional trends and public opinion.

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