Printed from http://www.electronista.com

Megaupload's Kim Dotcom given surprise bail

updated 07:00 pm EST, Tue February 21, 2012

Megaupload CEO allowed bail, has no funds to flee

Jailed Megaupload chief Kim Dotcom, after being denied bail time and time again, has now left a prison in New Zealand. The decision came after Judge Nevin Dawson ruled Dotcom didn't have access to funds that would allow him to leave the country. All of his financial resources were seized and the Judge said it was "highly unlikely" that he had other resources to draw from.

Four newly discovered bank accounts in the Philippines belonging to Dotcom were found empty. What also made the decision easier is that Finland and Germany, potential destinations for Dotcom who has a citizenship in each, have treaties in place with the US that would allow him to be prosecuted.

Dotcom was deemed to be highly disorganized in terms of finances, with police finding dozens of expired credit cards when they raided his mansion.
The conditions of Dotcom's bail included no access to the Internet, no helicopters traveling to his property, staying within a 50-mile radius of the property, and giving police 24 hours of notice any time he needs to leave the property, unless it's for a medical emergency.

Dotcom's lawyer called the restriction to the Internet unrealistic, as its was a key form of communication needed to prepare his defense in the US. Still, it was upheld, as the prosecution argued the illegal file-sharing site may be put back up, and in a jurisdiction where the US may not be able to shut it down.

Dotcom was arrested along with Mathias Ortmann, Bram van der Kolk and Finn Batato, who have been bailed. Their next court appearance will relate to their extradition to the US. The Megaupload site was shut down in mid-January. [via Stuff]



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Epson PowerLite Home Cinema 2030 projector

With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

Life n Soul 8 Driver Bluetooth headphones

When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

Tesoro Tizona G2N Elite gaming keyboard

The market for gaming keyboards is getting crowded, starting off with some fairly simple keyboards and diverging into the land of modu ...

Sponsor

toggle

Most Commented

 
toggle

Popular News