MJ’s estate sued by finance firm

The finance firm says Jackson moonwalked away from 1.2 million dollars in finance fees he racked up after beating child-molestation charges in 2005.

Late Michael Jackson’s estate has been slapped with a 1.2 million dollars suit by the Bahrainian finance.



The finance firm says Jackson moonwalked away from 1.2 million dollars in finance fees he racked up after beating child-molestation charges in 2005.



AQ Consulting helped the late King of Pop refinance a 300 million dollars mountain of debt and also got him another 20 million dollars "to clear additional liabilities," court papers say.



The firm- located in the Persian Gulf kingdom where the Gloved One briefly fled after his sensational acquittal - says it was entitled to a 1 percent fee, but accepted partial payment of just 2 million dollars "to facilitate the closing."

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MJ

"The plaintiff has demanded that Mr. Jackson honor his commitment to remit the balance due, but Mr. Jackson failed and consistently refused to pay plaintiff the amount it is still owed," the New York Post quoted the suit as saying.



The Manhattan federal court filing notes that Jacko auctioned off his personal treasures shortly before dying of a drug overdose last year, but "none of the proceeds earned were used to repay AQ."

Neither Branca nor McClain immediately returned requests for comment.