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ExtraTorrent.cc > Articles > Court Gave Dotcom Some of His Money Back

Court Gave Dotcom Some of His Money Back

Court Gave Dotcom Some of His Money Back

Added: Friday, March 2nd, 2012
Category: Recent Headlines Involving File Sharing > Current Events
Tags:ET, p2p, Torrent, Piracy, Peer To Peer, Network, Hackers, Internet, BitTorrent, Google, utorrent, bitcomet, extratorrent, 2010, www.extrattorrent.com
Entertainment industry wasn’t happy this morning to wake up and find out that a New Zealand court had provided the owner of MegaUpload file-sharing service with access to $250,000 of his seized assets.

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Currently the founder of MegaUpload, Kim Dotcom, is awaiting extradition to the United States on copyright infringement charges. Although the United States didn’t manage to leave him in prison while his hearing was considered, entertainment industry was still happy that while under house arrest Dotcom couldn’t spend a cent to fight them with.

Today the court of New Zealand changed its mind and freed about a quarter of a million dollars in seized assets so that Dotcom could pay for living expenses, including nannies and bodyguards. This money should be enough to cover lease costs of Dotcom’s multi-million dollar mansion outside of the capital city, as well as payments to his staff and other living expenses like phones and power.

According to media reports, the New Zealand High Court granted Kim Dotcom an interim payment of around NZ$32,000 in order to allow him cover immediate living costs and the use of a car while awaiting for a final court decision on continuing financial support. Everyone can agree that Dotcom needs some money to support his family, as he has three kids and his wife is due to give birth to twins soon.

Meanwhile, the US claim that Dotcom represents a high flight risk, since he’s had multiple passports, sources of money, access to different means of travel, and a record of fleeing to avoid criminal charges. Nevertheless, the court of New Zealand decided all these allegations were rubbish, as Dotcom was forced to wear an electronic bracelet.

The entertainment industry of the United States might be a little surprised that New Zealand fails to do what it’s told. The legal system in the country isn’t bad, and as far as it’s concerned, there hasn’t been any evidence that the charges against the MegaUpload founder are correct. If, for some reason, Dotcom actually appears innocent, then the justice system of New Zealand would have helped ruin a perfectly reasonable businessman’s career and life, just on the whim of the foreign entertainment industry. One may guess that it’s not what the Kiwis would be happy with.


By:
SaM
March 2nd,2012

Posted by: 
SaM

Date:  Friday, March 2nd, 2012



Comments (6) (please add your comment »)

1
posted by Sun (2012-03-02 23:07:07)
ImLuvnIt avatarThats the one NZ , don't give in to the US bullys.
Wish they would just leave our little slice of paradise ALONE!!!

2
posted by (2012-03-03 04:02:32)
drslimshaddy avatar$250,000!!
Big amount man

3
posted by ET junkie (2012-03-03 04:39:30)
No avatarYea, funny how they seem to see things differently now that they forgot kim is dumping money into NZ anymore.

4
posted by Blocked (2012-03-03 11:21:35)
menahunie avatarIt appears this guy is pissed and he will make them pay.

His company was a data storage service and never a torrent site.
When this business was seized and innocent users PROPERTY was taken and possibly destroyed later will be filing law suits as well.

This guy if he can and most likely can show was complying with DCMA complaints and deleting copyrighted material; even when this business was seized. Again this guy is going to be the lawn mower and these others the grass to be mowed.

This is some what similar to an automaker having their business seized because customers of their product used it in illegal activities like bank robberies, murder, and more..

5
posted by (2012-03-04 12:27:55)
mike789 avatarfirst thing first I am from the U.S.A!
and you will not see anything like that here! we in the U.S. killed S.P.O.A! and for all the other out there get A back bone and tell your gov too kiss your A**!
copyright what please it happens every DAY! just start listing to the radio! and you will hear it!

6
posted by (2012-03-13 01:46:44)
No avatarKeep in mind that while charges and allegations have been made, and this man's assets seized and his name besmirched, no trial has yet taken place. He hasn't been convicted of ANYTHING! IS NZ still a free society?



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