Dr. Tohme Tohme, a former Michael Jackson financial advisor, is the man who turned over more than $5 million of Michael Jackson's money to the late pop star's estate, ABC News has learned.
Tohme, a former financial advisor to Jackson, did not return calls from ABC News but told the Associated Press that the money had been "a secret between Michael and me."
Administrators of Jackson's estate said in court papers filed Friday that they recovered $5.5 million in cash from "one of Michael Jackson's former financial advisers" and also recovered "substantial amounts of tangible personal property," not necessarily from the same person.
But Tohme said the money "was not recovered."
"I had the money and I gave it to them. It was a secret between Michael and me," he said.
Tohme said the money came from recording residuals and was earmarked by Jackson for the purchase of what was to be his "dream home" in Las Vegas. He told the AP that he was in negotiations for the home when Jackson died.
"He said, 'Don't tell anyone about this money,'" Tohme said. "But when he passed away I told them I had this money, and I gave it to them."
Tohme also turned over items from the pop star's Neverland estate that were once scheduled to be auctioned.
Jackson estate administrators, attorney John Branca and music executive John McClain, claim Jackson's estate is worth more than $500 million and that they are making business deals that could bring in tens of millions more dollars that will benefit Jackson's heirs.
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