Red Granite is accused of using funds embezzled from the Malaysian development fund to finance “The Wolf of Wall Street,” “Daddy’s Home,” and “Dumb and Dumber To.” The government is seeking to seize revenues from each of those films. In a court filing objecting to the delay, Red Granite’s attorneys noted that the company “has a strong interest in clearing its name promptly.”
Judge Dale S. Fischer was set to hear arguments on the issue next Monday. Instead, she granted the government’s request for a delay without argument in a written ruling.
Red Granite has issued optimistic statements about ongoing negotiations with the prosecution, and has expressed hope of reaching a settlement. However, in a filing on Sept. 5, prosecutors identified the company’s CEO, Riza Aziz, as among those allegedly involved in “underlying criminal activity.” Aziz is the stepson of Malaysia’s prime minister, Najib Razak.
In a motion in a related forfeiture case, Aziz’s attorneys blasted the government’s requested stay as a violation of due process rights.
“To Claimant’s knowledge, there is literally no precedent for a stay that would require claimants to wait in limbo indefinitely as the government pursues an investigation with no specified target and no foreseeable end,” wrote attorney Matthew Schwartz.