WALL ST. DAD'S CHEAP WAY OUT
'TIS the season to be generous - unless, of course, you are Merrill Lynch's Chief Administrative Officer Amass Fakahany.
Despite being paid a whopping $10 million in 2003, a salary that's increased in the past two years, Fakahany is trying to whittle down a meager amount of child support for a son he had with an Australian model.
Fakahany, who has "recently" married another woman, according to a Merrill source, met Aussie stunner Alison Dawson almost three years ago. But the relationship deteriorated before Dawson gave birth to the couple's son, Raine Dawson, on April 8, 2004.
Dawson's lawyer, Raoul Felder, told PAGE SIX, "I don't think [Fakahany] has ever seen his son."
Dawson immediately sued for child support and was recently awarded $3,500 a month in Manhattan Family Court. But now, Fakahany has hired an Australian barrister to try and have the case moved to the Down Under courts - so that he can get out of paying so much.
"In Australia, the limit you can pay in child support is $1,200 [Australian dollars] a month," Felder explained. "He makes $10 million a year. Trying to move the case to Australia would make sense if he made $200 a week, but this? What on earth could motivate this [cheapness]? People always complain about the morality of people in Hollywood, but I worry about the morality of people on Wall Street."
Dawson, now 31, lives in Australia with her son and still models. She has had to fly herself to New York twice for court hearings, draining her budget.
If Fakahany, 47, is allowed to move the case to Australia, it will save him even more money: $1,200 Australian dollars a month translates to a mere $900 in U.S. dollars.
Either way, Fakahany should consider himself lucky. Manhattan judges have been known to give baby mamas huge amounts - including Sean Combs' ex, Misa Hylton Brim, who scored a whopping $35,000 a month for her son, Justin.
A spokesperson for Merrill said, "This is a private matter and he has no intention of dignifying this with a public comment."