Mr Dotcom in court, again, over money he isn’t entitled to

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Kim Dotcom breached an asset freeze order by taking a loan from his lawyers on behalf of a trust for his children, a court has heard.

Matt Sumpter, the lawyer for 20 Century Fox, which is suing Mr Dotcom for alleged copyright breaches, told Justice Patricia Courtney in the High Court at Auckland that the loan was $220,000, RNZ reports.

However, the internet entrepreneur’s lawyer, Ron Mansfield, said the loan was a new asset and would not be covered by the asset freeze, which covers New Zealand and overseas. It was an increase in assets rather than a decrease, he said.

Next month, Mr Dotcom and his coaccused – Mathias Ortmann, Bram van der Kolk and Finn Batato – appeal against extradition will be heard in the High Court.

His lawyer is in control of his children’s Trust, and he abused that relationship by taking money that was for his kids.  As a “loan”.

To hide it, Dotcom loaned the money from his lawyer instead of his children’s trust, so there would not appear to be any direct link.

The loan has no interest and no fixed term to be repaid.   In another words, ‘a loan’.

Nobody is surprised of course.

Mrs Dotcom may not appreciate the idea that none of the money held in Trust for her children is actually beyond Mr Dotcom’s reach.

All this will be moot, from New Zealanders’ point of view, when Kim Dotcom gets to have a free plane trip to the USA.  Collectively we’ve waited long enough.  Let’s hope the legal system is out of options for Dotcom at long last.



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