Staggering US$2.4m went into Kim Kardashian and Pharrell Williams’s bank accounts
KUALA LUMPUR – Malaysia’s High Court was told that a staggering US$2.4m (S$3.1m) had gone out of the coffers of 1Malaysia Development Bhd (1MDB) and into the bank accounts of celebrity Kim Kardashian and musician Pharrell Williams, via fugitive businessman Low Taek Jho’s shell company Good Star Ltd.
Financial fraud investigator Richard Templeman testified this during a Zoom hearing in the US$6.59b lawsuit filed by 1MDB against Malaysia’s former treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah and former 1MDB chief executive Arul Kanda Kandasamy on Sept 9.
Based on his investigation, the plaintiff’s witness said that by Oct 25, 2011, 1MDB had transferred a total of US$1.03bil to Good Star for the benefit of Low.
“These funds were transferred through a series of offshore companies and used for, inter alia, the personal benefit of the co-conspirators and their relatives and associates,” he said in his witness statement.
From the billions of dollars that flowed through Good Star from 1MDB, US$2,025,000 was transferred from Good Star to a Suntrust Bank account in the name of Talamasca Inc.
The transactions between Aug 11 and Nov 17, 2011 carried details of the payments such as “part payment for music production” and ”Letter of Agreement DD 3 NOV 2011 Red Spring Investments And Talamasca/Pharrell Williams”.
“I note that publicly available information links Talamasca Inc. with the musician Pharrell Williams.
Mixed Media Magazine 