Tupac’s family is at war over millions of dollars in his mother’s estate, accusing an executor of “embezzling” funds and property allegedly belonging to his sister.
According to a new lawsuit, obtained by The Blast, Sekyiwa Shakur — Tupac’s sister — and The Tupac Shakur Foundation are suing Tom Whalley, who is reportedly appointed trustee of Tupac’s estate. Following the rap star’s death, his mother Afeni was named as a beneficiary of his estate. Unfortunately, Afeni died suddenly on May 2, 2016 — and Whalley was named as the executor of Afeni’s estate.
In the lawsuit, Tupac’s sister says she is the primary beneficiary of Afeni’s estate and should have been given various items and property previously belonging to the rapper. Also, the Foundation says they are entitled to 10% of annual income from the estate.
Now, both parties are accusing the executor of “embezzling” millions of dollars for his own benefit.
Tupac’s Family Accuses Executor Of Paying Himself Over $5 Million
“Upon information and belief, Whalley has already received more than $5.5 million that he has paid himself in the last five years through Amaru…he has effectively embezzled millions of dollars for his own benefit well in excess of what would be reasonably necessary to retrain a property qualified third-party to perform such services,” the lawsuit reads.
It continues, “As a result, Whalley has unreasonably enriched himself at the expense of the beneficiaries and in bad faith by taking excessive compensation.”
2Pac’s sister and the foundation claim he should be ordered to “recompense” an amount the court determines to reflect the dollar value to which the trust has been injured, but in a minimum amount of $4,000,000. Plus, they are asking for a full accounting from Afeni’s estate including his compensation in connection with Tupac’s estate, insurance matters, and filing of tax returns.
Tupac’s Sister Is Asking For A Full Accounting Of The Estate
The group claims because they have not received a proper accounting, “they do not know the full scope of Whalley’s malfeasance, but it is clear that he was used and abused his powers as executor and special trustee of the estate and the trust to convert the personal property belonging to Sekyiwa as a piggy bank from which he has drawn substantial funds for his own benefit. ”
It should be noted, according to reports, Tom Whalley is the former chairman and CEO of Warner Bros. and is a longtime player in Tupac’s career. He is “highly respected” amongst others in the business to handle such a responsibility and is someone who “cares about Tupac’s legacy.”
Howard King — a lawyer for the trust — responded to the allegations:
“Tom Whalley was a friend and confidant of Tupac and his mother, Afeni Shakur, since signing Tupac to his first major recording deal in the 90s and helping to arrange the funds to bail Tupac out of jail. After Tupac passed away, Afeni requested Tom’s help with the job of managing the Tupac assets Afeni had inherited, a task he performed, without charge, for many years. In 2015, at Afeni’s request, Tom became the manager of Amaru, the company Afeni had established to protect and exploit all Tupac assets, on normal and typical terms. Under Tom’s management, enhanced by various personal loans Tom has made to the company, Amaru has gone from virtually insolvent to a solid financial footing.”
Executor Of Estate Vehemently Denys Allegations Of Embezzlement
Adding, “Afeni’s faith in Tom was further evidenced by her appointment of Tom as successor trustee of her trust. Tom became the current trustee after Afeni passed away, but has never taken any trustee’s fees even though his workload has increased well beyond what his management of Amaru required.”
He continued, “These legal claims are disappointing and detrimental to all beneficiaries of the trust. We are confident the Court will promptly conclude that Tom has always acted in the best interests of Amaru, the trust, and all beneficiaries.”
Bottom line, Tupac’s sister claims there are “substantial assets originally belonging to Tupac that was demised to Afeni and which have never been turned over to Sekyiwa.”
Tupac’s Family Is Asking For His Cars, Gold Records, And Iconic Jewelry
Interestingly, the list of items includes the ‘All Eyez On Me’ rapper’s cars, “a multitude of plaques and awards [including his Gold Records], Tupac’s pinballs and games, Tupac’s renown jewelry, Tupac’s artwork and sculptures, items of Tupac’s clothing, shoes and accessories, and furniture taken from his homes upon his death.”
In the end, Tupac’s sister and the foundation are asking the trust be taken out of Whalley’s control and placed in the hands of a court-ordered executor who has zero to financially gain from the estate. Also, they are asking for a full accounting of assets, income, and disbursements of the trust.