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"Since that time, all known assets have been seized and are unavailable
for Mr. Dotcom's use or disposal," the judge found. "No new assets or
accounts of any significance have been revealed since his arrest. Mr.
Dotcom's submission that he has not concealed any assets or bank accounts
has largely been borne out." Dawson also said he received an affidavit from Bonnie Lam, the Hong Kong
chief financial officer of Megaupload, supporting Dotcom's contention that
he has no resources available to him. Dotcom was born Kim Schmitz but legally changed his name. He is a citizen of both Germany and Finland and was granted New Zealand residency in 2010. He has also lived in Hong Kong, where the Megaupload company is registered. Dawson disputed an earlier court finding that the U.S. doesn't have an extradition treaty with Germany. The judge said there is a German law which prevents Germans being extradited to any country
-- but that a treaty between Germany and the U.S. would allow Dotcom to be prosecuted in Germany should he flee New Zealand and should German authorities deem prosecution appropriate. He said a similar situation applies to Finland. Dotcom's colleagues had earlier been granted bail by New Zealand courts.
[Associated
Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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