Total Telecom on March 22, 2012 released the following:
“By Lucy Craymer, Dow Jones Newswires
Extradition hearing for owners of file-sharing Website to take place in August.
The founder of the Megaupload.com website, Kim Dotcom, won’t be slumming it while he awaits a decision on extradition to the U.S. after he had his monthly allowance increased to NZ$60,000 (US$48,480) and had his Mercedes Benz G55 AMG returned to him.
New Zealand High Court Justice Judith Potter said in a decision released Thursday that Dotcom would be allowed NZ$60,000 a month from his frozen assets, which will include interest on NZ$10 million of government bonds he owns.
Her decision also allows Dotcom to have use of his G55 AMG off-road vehicle on condition he pay for registration, insurance and suitable garaging for the vehicle.
The vehicle is one of 21 confiscated when Dotcom was arrested in a raid in January. It has a top speed of 210 kilometers an hour, can go from 0 to 100 kilometers an hour in 5.5 seconds and retails new for around US$120,000.
Dotcom had all his assets seized when he was arrested in January alongside Megaupload Chief Marketing Officer Finn Batato, 38, Chief Technical Officer, Director and Co-Founder Mathias Ortmann, 40, both from Germany, and Dutch national Bram van der Kolk, 29.
Justice Potter also ordered that van der Kolk receive payments of NZ$9,166 a month to cover living expenses.
An interim order to take custody of the men’s assets in February has been extended through until April 4 “to enable the applicant (Dotcom) to obtain final instructions” on whether to go ahead with a challenge to the order, Justice Potter said.
The extradition hearing for the four men, all of whom have been granted bail, is expected to take place in August. U.S. authorities claim Megaupload Ltd., based in Hong Kong, and its collection of websites generated more than US$175 million in alleged criminal proceeds and caused more than half a billion dollars in harm to copyright owners.”
Douglas McNabb – McNabb Associates, P.C.’s
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