Yesterday The Internet party declared a donation of $250,000 from Kim Dotcom.
This is good.
However it does raise some significant issues.
I happen to know that Kim Dotcom has spent considerably more than that on the Internet party, let me explain.
Let’s start with the Internet Party boss, Vikram Kumar. He has stated publicly to the Herald on Sunday that he is on a 6 figure salary. Now I happen to know that it exceeds $200,000 but probably not more than $250,000 which is what his salary was as CEO of MEGA. He started in January.
The seven salaries are a bigger expense. Kumar, 51, acknowledges he is on a “fair” six-figure salary (pundits guess at $200,000-plus) and says that is a pay cut from his previous job as boss of Dotcom’s Mega cloud-sharing web start-up. But, he is at pains to add: “We’re not doing it for the money, I can tell you that.”
Then there are the other staff. There is John Mitchell, Gerard Hehir, Andy Pickering, Callum Valentine, Anna Sutherland and Graeme Edgeler. All of their salaries need to be paid too. All of them will be earning over $100,000.
So just on salaries alone there is a commitment for the election of at least $850,000 which makes a lie of this statement from John Mitchell.
“The total figure for Internet Party expenses in the pre-regulated period is expected to be substantially less than $1m,” he says. The party will then spend another $1m during the election campaign.
But even if it was true where are the declarations of the monies before the regulated period and the donations to support the spending of another $1M during the campaign.
On top of that is the Internet Party BBQ day at the Dotcom mansion. Sources tell me that cost over $50,000 to stage Â including the bouncy castle, stage hire and all the acts, not to mention the legions of staff to deal with the crowds, such as they were. Did the Internet party pay those bills? If they did then that comes out of the donations toÂ theÂ party as well.
As you can see we are mounting up the expenses with only $250,000 declared.Â Read more »