Bangkok: Actor Leonardo DiCaprio has handed over an Oscar and other gifts to the US Justice Department, which is moving to recover more than $US1 billion in assets it says were stolen from Malaysia's scandal-hit 1MDB sovereign wealth fund.

Prosecutors are also seeking to recover diamonds allegedly given to Australian model Miranda Kerr and rights to the movies Dumb and Dumber To, starring comedian Jim Carrey, and Daddy's Home, starring Will Ferrell.

The rights are held by Red Granite Pictures, a Los Angeles-based production company chaired by Riza Aziz, the stepson of Malaysian Prime Minister Najib Razak.

Prosecutors claim that Red Granite used $US100 million diverted from 1MDB to finance the 2013 movie The Wolf of Wall Street, starring DiCaprio, who said last year he was co-operating with the investigations.