Michael Jackson paid $23M to end molest suit

NEW YORK (Court TV) - Michael Jackson's confidential financial agreement with the boy who accused him of molestation in 1993 has finally been revealed, according to Court TV. The channel reports that Jackson paid the boy about $15.3 million (U.S.) and $1.5 million to each of his parents. In exchange for the payment, the accuser and his family agreed not to pursue any civil court cases against Jackson.
Court TV's website quotes the document as saying that Jackson denied "any wrongful acts".

In total, Michael Jackson paid out approximately $25 million to settle the civil suit and he Jackson signed the agreement, Jan. 25, 1994.
In exchange, the accuser and his parents agreed to not pursue civil claims against Jackson. The agreement could play a role in the current criminal charges Jackson faces stemming from allegations by another California boy who accused him of molestation.