Mona Dotcom leaving – the financial threat to the business and the Internet Party
Money has been hard to come by at the Mansion. Having been ‘forced’ to pay out all his debts that were seriously in arrears as part of the Internet Party launch dented Dotcom’s cashflow somewhat. Staff have been told about reduced hours and the budgets have had the twice-over.
Publicly, the money never ended. Offers to pay candidates while running for parliament was but one public sign, and sources close to the Mansion report the Internet Party and Mana Party alliance issues have had the sharp end of a million dollars thrown at it recently.
The problem with Mona Dotcom breaking up with Kim Dotcom is that it places a severe amount of risk on the money supply. Chris Keal explains
The split could potentially complicate Mr Dotcom’s business affairs.
The accused pirate owns no shares in the company with which he is most closely associated, Mega.
Mr Dotcom resigned as a director in September 2013 to help clear the path for his political career. His only legal tie to the file sharing business he founded is through his wife, who holds a 17.73% a stake through MD Corporate Trustee, in which she is the sole shareholder.
Mona Dotcom recently sold down her Mega stake from 26%, with major National Party donor Shen Zhao Wu emerging as the largest shareholder with a 18.28% holding. Read more »

As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.
They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.
He is fearless in his pursuit of a story.
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