Michael Hutchence's (pictured) business manager allegedly used a tax haven in Mauritius to cash in on the dead rock star's unheard songs, though his family claims the rights to the music should have been part of his estate and given to them
The brother of INXS star Michael Hutchence has accused his business manager of 'stealing' and 'holding estate items for profit' after Channel Seven produced a documentary on the singer.
Rhett Hutchence unleashed a tirade through Facebook on Monday morning, claiming his family were left with nothing after the tragic death of his brother - not even his diary.
His heartbroken rant came just hours before Four Corners revealed allegations concerning the dealings of Colin Diamond, Michael Hutchence's business manager, in regard to his estate.
The program reported Diamond set up a company in Mauritius called Helipad Plain ahead of the twentieth anniversary of the rockstar's death this month.
The offshore company claimed it had rights to exploit 'sound recordings, images, films, and related material embodying the performance of Michael Hutchence.'
In a documentary titled The Last Rockstar, aired on Channel Seven, Diamond produced the singer's diary, revealing his final notes and a song he was working on just before his death. Rhett claims he, nor his family, have seen this diary.
Michael's brother Rhett (left) claimed in an emotional post on Facebook Diamond had 'stolen' items belonging to the dead INXS star and held them with the intention of profiting later
Hutchence's business manager Colin Diamond (pictured) allegedly set up a company called Helipad Plain in 2015 in Mauritius. The company claimed it had rights to exploit 'sound recordings, images, films, and related material embodying the performance of Michael Hutchence'
The details of Diamond's company and its colourful investors were laid bare in an explosive leak of over 13 million confidential documents this week, dubbed the 'Paradise Papers'.
Rights and royalties to Michael's work were not originally held by Diamond, Rhett claimed in his Facebook post.
He said their father was a beneficiary of a trust owned by a British Virgin Islands company called Chardonnay Investments, established in 1992.
Rhett told Four Corners: 'Colin has taken any of the Hutchence names off the list and replaced [them] with his'.
An email contained in the Paradise Papers from Diamond's Singaporean lawyer Malcolm Lim, and reported in the ABC, claimed the rights to Hutchence's music rights belonged to Diamond as he was the sole owner of Chardonnay Investments following Michael's death.
'The reason for this is that he was a trusted friend of Michael Hutchence and because of that and the fact that he (MH) had various family issues, he left Colin Diamond to deal with the assets of Chardonnay,' Mr Lim wrote.
Rhett (pictured) told Four Corners he had a copy of the Chardonnay Trust, which is now operated entirely by Diamond, which had his father's name on it. He claimed Diamond had taken off any Hutchence name and only left his own
The question of what happened to Hutchence's estate has been one of the biggest mysteries of the rock world
Hutchence's will said he left half his estate to daughter Tiger Lily, who was adopted by Irish singer Bob Geldof at the age of four, and 10 per cent each to his mother, father, brother, half sister and the late Ms Yates
It is not only the rights to Michael's music the family were left without. In his social media post, Rhett claimed Diamond went to the Rose Bay police station just two days after his brother's tragic death.
He claimed Diamond then took all of Michael's possessions, leaving their family only the belt he