2008-11-18 12:11:02 - Singer Michael Jackson is being sued after taking £4.7 million from Sheikh Abdulla Al-Khalifa and failing to record two albums in return.

Michael Jackson is being sued after taking £4.7 million from a sheikh. The fallen pop star was said to be so short of money he was forced to ask for financial help from Sheikh Abdulla Al-Khalifa - the

son of the King of Bahrain - to pay off spiralling debts. But the prince claims Michael pulled out of a signed agreement to make two new albums under his record label 2 Seas and is demanding he repay the money. Bankim Thanki QC, the sheikh's lawyer, said at London's High Court: "The idea was to create a new recording label to kick start his musical career. "He displayed a distinct lack of gratitude for all the things that were done for him." Michael, 50, insists the money was given to him as a "gift" and claims he did not read the terms and conditions or seek legal advice before signing the contract - which also required him to write an autobiography and pen a stage show. The £4.7 million included £23,500 in utility bills for his Neverland estate, a 10-day Paris hotel bill of £105,000, bank funds of £655,000, court costs during his child abuse case in 2005 totalling £1.5 million, £335,000 living expenses during six months in the Middle East as well as Italian and UK holidays coming to £234,000. The sheikh is also believed to have paid for a new recording studio at Michael's Neverland ranch - which the 'Thriller' singer was recently forced to sell after struggling to pay maintenance costs. The cash-strapped star - who is due to give evidence at the 12-day hearing via a video link - was introduced to Sheikh Abdulla by his brother Jermaine in 2004. The billionaire royal had also written a charity song for Michael to sing to raise funds for victims of Asia's 2004 December tsunami and Hurricane Katrina in the US. The hearing continues today (18.11.08).