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HomeMusic storiesTupac's Sister "Afeni Shakur" Asks The Court For A Real Estate Audit

Tupac’s Sister “Afeni Shakur” Asks The Court For A Real Estate Audit

The alleged music producer who oversaw Afeni Shakur-Davis And had collaborated with her well-known rapper son was accused of embezzling millions of dollars from the estate of Tupac Shakur’s late mother when Sekiwa Shakur, the sister of the late rapper, filed her landmark case in January. The complaint was described as “offensive” and “legally baseless” by those who are still alive.

After Afeni Shakur’s passing in 2016, Whali confessed that he had not yet submitted a proper trust accounting. But he told the court that a company had been recruited to do so.

Afeni Shakur received a large fortune after Tupac’s death

Afeni Shakur received many automobiles, gold albums, clothing, and pinball machines. As the only beneficiary of Tupac’s estate after the former head of Warner Bros. Records signed him to Interscope and worked on the production of 2Pacalypse Now, Thug Life, and Me Against the World. Thi – Sekiwa Shakur had not yet been “delivered.” Although he claimed that the trust offered him “total discretion”. Many of the objects actually wound up in the traveling “Tupac Shakur: Wake Me When I’m Free” exhibit that is currently on display in LA.

The accounting, filed in accordance with the order, “falls significantly short of compliance with the trust’s legal and accounting standards”. According to a document made on Monday by Sekiwa and his counsel. For instance, it claims that the trust owns jewelry valued at $217,700 and other “decoration and personal things” valued at $50,000. But, according to their reasoning, it doesn’t mention anything beyond “extremely generic categories.” Is.

The petitioners have no way of knowing if the defendant’s reported asset categories and the opening balance represent the total assets owned without this information. Which ought to have been transferred to the trust,” read the filing from Monday.

In light of this, Sekiwa and his attorneys are currently requesting that the court appoint a “independent” accountant. To audit the trust and submit a report with a thorough accounting of all assets. Including Amaru Entertainment, which was started by Afeni Shakur. The majority of Tupac’s music and intellectual property are controlled by the record label Done, which is led by Whaley.

How much Whali pays himself through Amaru, and how much he has so far gotten. Is a crucial topic that hasn’t been fully addressed, according to Sekiwa and his attorneys. Although Whali does not receive anything for serving as a trustee. Sekiwa’s filing asserts that he gets a 20% commission from Amaru. He and his attorneys challenge the necessity of such a committee today.

Sources also affirm that Rolling Stone that Whaley receives no compensation for “Wake Me When I’m Free.” According to the Rolling Stone insider, “It all goes to Amaru,”

According to David, The Afeni Shakur Trust is the only owner of Amaru, and Sekiwa’s complaint is on behalf of the trust’s beneficiaries, who are requesting information from the court. In her original complaint, Sekiwa claimed that during the previous five years, Amaru had given Whaley $5.5 million, which she said was used “to hire a third-party substantially qualified to undertake such services.”

Whaley’s spokesman declined to comment and referred to the media

Tuesday, a Whaley spokesman declined to comment and referred the media outlet to his legal complaint with Rolling Stone. In his March paperwork, Whali said that his track record in Amaru speaks for itself.

According to their petition, “Tom’s solid judgment and commercial acumen have directly contributed to the tens of millions of dollars growth in Amaru’s worth over the previous five years.”

The legal team for Whaley emphasizes the efforts made by their client to “preserve, safeguard and monetize Tupac’s name, equality and intellectual property for the Trust and its beneficiaries”. Including his participation in national initiatives to promote Tupac’s image. Gaining control of the “Thug Life” trademark, making money off the use, and obtaining the master recordings, film, and other materials with the copyright. From the defunct Death Row Records and Universal Music.

Whaley asserts that Afeni Shakur initiated the immersive show during his lifetime. And that he merely carried out his original intention. He also highlighted his work stopping the auction of Tupac’s memorabilia and “recapturing” the items for Amaru and the Trust.

Sekiwa’s attorney, however, asserts that Tupac’s sole sibling has her own ideas regarding the future of her family. Donald David, who stated that his client called the pop-Up has not attended the exhibition. He said: “She told me over and again that she wanted to show the world who her brother and mother truly were, and what they really were as values.

The sister and her attorneys argue that transparency and a seat at the table are overdue in their Monday petition.

“(Whali) has intentionally refused to give compliance accounting for the beneficiaries for almost six years. And he has refused once more despite this court’s order. Instead, by withholding crucial information and failing to adequately account for the trust, California law, and their own fiduciary duties. He and his advisors have reaffirmed their dedication to a year-long pattern of harmful conduct.) lack the ability or will to adequately respond to the petitioners, or has something to hide. According to a 31-page filing acquired by Rolling Stone.

August 10 has been set as the date for the hearing in the trust dispute.

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