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MegaUpload's Kim Dotcom gets money and Mercedes back, also involved in political scandal

Dotcom receives some of his assets back from the NZ government.

| Business, Financial & Legal News | Posted: Apr 30, 2012 8:32 pm

MegaUpload's Kim Dotcom seems to have struck a bit of luck. A High Court lawyer has ruled that a court-ordered seizure issued in January was not valid, even though an interim order has been in effect for two months. Due to this fact, he is receiving many of his seized assets, including money and a car, back from the government.

 

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Dotcom is said to be receiving NZ$750,000 ($614,000) in cash that had been confiscated. He will also continue to receive his NZ$20,000 ($16,000) monthly living allowance off of the interest of government bonds. His wife Mona will also get her living expenses and medical bills paid as she recently gave birth.

 

Additionally, Dotcom will get his Mercedes-Benz G55AMG worth NZ$250,000 ($204,000) with the license plate "POLICE" returned to him. His wife will also have use of her seized 2010 Toyota Vellfire, worth NZ$60,000 ($49,000). He has also had use of his mansion since early April with its swimming pool for exercise. He has also been able to use the internet.

 

Dotcom has also found himself at the center of a political scandal. He claims, according to reports, that he donated NZ$50,000 ($41,000) to John Banks,the head of the ACT New Zealand political party and the current minister for Small Business and Regulatory Reform, for his 2010 Mayoral campaign.

 

Dotcom says that Banks asked that the payments to be divided into two smaller NZ$25,000 payments to conceal their origin. He also claims that Banks called him to personally thank him for the donation. Banks denies calling Dotcom for the mayoral donations, adding: "I could not have, as any such contribution was anonymous."

NEWS SOURCES:Arstechnica.com

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