Lately, his foundation made headlines announcing US$15.6 million in grants that have been awarded for various causes including wildlife and habitat conservation, indigenous rights, climate change and solving complex environmental issues.
Grant receivers and partners are happy… but not everyone.
The Swiss-based Bruno Manser Fund (BMF) suspects the Leonardo DiCaprio Foundation (LDF) has received bribe money from Malaysians who are connected to the high-profile 1Malaysia Development Berhad (1MDB) corruption scandal, namely Riza Aziz, Low Taek Jho (“Jho Low”), Tan Kim Loong and Riza Aziz’s film production company, Red Granite Pictures.
The BMF has already written Swiss bank Julius Baer, the main bank linked to DiCaprio’s foundation and asked to provide information on their due diligence when it comes to the acceptance of donations from Politically Exposed Persons (PEPs) from Malaysia.
The bank responded it expects the LDF to conduct due diligence and prevent damage to its charitable goals. The bank subtly distanced itself from donations the foundation had received from individuals connected to the 1MDB corruption scandal. DiCaprio, however, is yet to answer questions.
Citing legal reasons, Julius Baer’s Co-Head of Marketing, Marco Perroni, said he couldn’t disclose if the bank managed accounts on behalf of the LDF. However, he stated that all transactions handled by the bank were carefully examined and that it also expected its partners to accept and handle donations with due care.
The Julius Baer Group supports charitable goals via the Julius Baer Foundation and via partner organizations.
“In case of problems, we discuss appropriate measures with our partners in order not to affect or damage the charitable goals and the beneficiaries. Naturally, we also expect from our partners to conduct due diligence and take measures. […]”
We can assure you that transactions and financial flows handled by our bank are generally subject to scrutiny with respect to their origin and use and that, in case of suspicion, reports would be made to the authorities in charge.
Last month, the BMF wrote to DiCaprio, calling for transparency on his financial ties with Riza Aziz, the stepson of Malaysian Prime Minister Najib Razak, and Jho Low, a key person behind the US$3.5 billion 1MDB scandal.
The BMF said it recognizes the LDF’s important role in supporting rainforest protection and indigenous rights.
However, the organization also said DiCaprio and his foundation should never have accepted funds that proceed from corruption in Malaysia.
“Our long-term experience in Malaysian Borneo, as outlined in the book Money Logging, has shown that corruption has become of of the main drivers of rainforest destruction in South East Asia,”the BMF added.
The call for transparency has been taken up by numerous media around the world, including The Hollywood Reporter, The Guardian, Fox News, CBS News, El Pais, La Repubblica, Milliyet and others.French TV station TF1 broadcast a special eight-minute piece during its 50 minutes inside Saturday night prime time show.
The BMF has called on DiCaprio and his foundation to disclose their full financial relationship with all Malaysians connected to the 1MDB corruption scandal and to pay back all the money to the Malaysian people.
The suspicion, if true, could mar the integrity of the actor’s foundation and his advocacy.
The Guardian noted DiCaprio has joined high-caliber personalities in the fight to address climate change and various global issues.
[He became] a fixture at events focused on global challenges since 2014, dropping in at the Davos economic forum to pick up an award last January, and holding a private chat on the sidelines with Ban Ki-Moon, the United Nations secretary general, on the sidelines of the Paris climate negotiations last December.
DiCaprio joined the climate march alongisde 400,000 through the streets of Manhattan and was named as a UN climate change ambassador in 2014 where he delivered an address at the UN climate summit.
He has had private tutorials in climate science from some of the world’s best researchers including Michael Mann, a climate scientist at Penn State University.
DiCaprio’s transformation as a climate champion began with his meeting with then vice-president Al Gore at the White House in 1998. DiCaprio, who has cited that meeting as the beginning of his climate activism, set up his foundation that same year.
This year, the LDF announces through its website the foundation’s largest-ever portfolio of environmental grants, increasing the organization’s total direct financial giving to over $59 million since 1998. Additionally, after a period of increased grantmaking and a goal of expanding its global impact, the foundation warmly welcomes veteran environmental leader Terry Tamminen as CEO.
US$15.6 million in grants have been awarded to the foundation’s partners.
The grants support works which range from major environmental conservation organizations to local partners who are fighting to protect and defend vital ecosystems and species that are gravely impacted by the global environmental crisis caused by climate change.