Dotcom’s assets are supposed to be frozen pending the outcome of the extradition case but the corporations say that recently Dotcom disclosed he had access to substantial funds that were not captured by freezing orders.
As a result a judge in the High Court at Auckland ordered him to disclose the nature, location and value of all his assets worldwide, whether held in his own name or not.
At the hearing to stall that order taking effect Dotcom’s lawyer Tracey Walker told the Court of Appeal today that she was speaking hypothetically in saying a restraining order registered in New Zealand in January 2012 covered specified assets he had at that time but would not cover assets he had acquired since.
The High Court judge said the value of the 2012 assets was put at $11.8.
Further assets of the Dotcom company, Megaupload, are frozen in Hong Kong.
Walker said the position of the US parties was well protected by the assets already frozen here and in Hong Kong and it was a breach of Dotcom’s right to privacy to make him disclose more.
It was a point of principle, she said. Read more »