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May 28, 2012
 
 
 
 
 
 

Megaupload founder Kim Dotcom refused bail in New Zealand

Kim Dotcom (Photo: AP)
3 February 2012 / REUTERS/AP, WELLINGTON
A New Zealand court refused an appeal by the founder of online file-sharing site Megaupload.com to be freed on bail, on Friday, agreeing with prosecutors there was a risk he would attempt to flee before an extradition hearing.

Kim Dotcom, a German national also known as Kim Schmitz and Kim Tim Jim Vestor, was returned to custody until Feb. 22 ahead of a hearing on an extradition application by the United States.

The High Court in Auckland said the lower court judge was right to rule there was a significant risk Dotcom, who had passports and bank accounts in three names, might try to flee the country. There was nothing to tie Dotcom to New Zealand except his motivation to fight the charges and get his funds, Justice Raynor Asher said.

“The judge correctly concluded that the risk of flight cannot be mitigated by the imposition of conditions, including electronic monitoring,” said prosecutor Anne Toohey. Prosecutors say Dotcom was the ringleader of a group that netted $175 million since 2005 by copying and distributing music, movies and other copyrighted content without authorization. Dotcom’s lawyers say the company simply offered online storage and that he strenuously denies the charges and will fight extradition.

Dotcom, 38, and three others, were arrested on Jan. 20 after armed New Zealand police raided his country estate at the request of the US Federal Bureau of Investigation.

 
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