Leonardo DiCaprio took the stand yesterday to testify against former Fugees member Pras Michel in court.
Prakazrel “Pras” Michel is accused of funneling money for Jho Low into Barack Obama’s 2012 election campaign. Low is a Malaysian businessman who allegedly stole billions of dollars from a Malaysian sovereign wealth fund, 1MDB.
DiCaprio is not facing any charges. He said he and Low became friends after meeting at a birthday party in 2010. “I understood him to be a huge businessman with many different connections in Abu Dhabi and Malaysia,” he said.
Low then began to donate to DiCaprio’s charitable foundation and before Low suggested providing the primary financing for “The Wolf of Wall Street.”
“I was given the green light by my team as well as my studio. He was a legitimate business person wanting to invest in the movie.”
Low also told DiCaprio that he planned to donate to Obama’s reelection campaign.
“It was a significant sum – something to the tune of $20-30 million,” he testified. “I said, ‘Wow that’s a lot of money!'”
Low is currently on the run.
