Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Kim Dotcom is refused bail in New Zealand

Kim Dotcom is refused bail in New Zealand

Jan. 25 (BusinessDesk) – Kim Dotcom has been refused bail by a New Zealand judge who decided there was a significant risk of flight.

In North Shore District Court, Judge David McNaughton today said it was impossible for him to determine at this early stage if the US government has a strong case in alleging a Mega Conspiracy or if Dotcom has a good defence.

“All I can say if that there appears to be an arguable defence in respect of the breach of copyright charges and no doubt very considerable resources will be brought to bear both for the prosecution and defence should the matter proceed to trial.”

The judge gave no weight to a so-called deportation of the accused from Thailand in 2002 or to the idea that he planned to return to Hong Kong for the birth of twins his wife is carrying.

But he noted Dotcom would be safe from extradition to the US if he travelled to Germany.

The risk of reoffending was seen as neutral with respect to the bail application.

Dotcom’s business has been shutdown in the US and his bank accounts have been frozen. He has disclosed an account with $300,000 in it as a sign of good faith.

“While the US government’s argument on flight risk in general is not as strong as initially suggested nonetheless I am left in a position that there is a risk and it is a significant risk,” McNaughton said.

(BusinessDesk)



© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Zero Gross CO2 Target, Separate Biological Emissions: Environment Commission On ETS

A report about taking an alternative ‘landscape approach’ to Aotearoa New Zealand’s long-term climate change targets and policies has been released today by the Parliamentary Commissioner for the Environment, Simon Upton. More>>

ALSO:

Tax Bill Passes, Drops: “An End To Unnecessary Secondary Tax”

“The changes mean Inland Revenue will more closely monitor the tax paid by wage and salary earners through the year. If it appears the worker is being over taxed, Inland Revenue will suggest a more suitable PAYE tax code tailored to that worker.” More>>

ALSO:

Ethiopian Airline Crash: Boeing 737 Max Aircraft Operations Temporarily Suspended

New Zealand’s Civil Aviation Authority has suspended the operation of Boeing 737 MAX aircraft to or from New Zealand. Currently this affects only one operator, Fiji Airways. There are no other airlines that fly this aircraft type to New Zealand. More>>

ALSO:

Sorting Out DNA: Crime-Busting Software Wins Top Science Prize

Software developed in New Zealand that has contributed to identifying suspects in tens of thousands of criminal cases around the world has won the 2018 Prime Minister’s $500,000 Science Prize. More>>

ALSO:

In The High Court: IRD Wins Tax Avoidance Case

Inland Revenue has won a High Court case against Eric Watson’s Cullen Group over a nearly $52 million tax debt. More>>

ALSO:

Insurers Withdraw From Market: Plea For EQC Rethink

A consumer watchdog wants the government to rethink the Earthquake Commission (EQC) as more people are pushed out of getting property and contents insurance. More>>

ALSO: