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Kim Dotcom may be able to reclaim his assets thanks to a ‘procedural error’

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Old 20-03-2012, 08:40 AM
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Default Kim Dotcom may be able to reclaim his assets thanks to a ‘procedural error’

Megaupload founder Kim Dotcom, who was recently arrested and charged with racketeering, copyright infringement and money laundering, may be able to reclaim his seized assets due to a botched court order, according to a report from the New Zealand Herald. Police raided Dotcom’s home on January 19th and seized, among other valuable assets, his cash, cars and mansion. New Zealand police have admitted to making a “procedural error” when filing documents to seize Dotcom’s property, however. A court has ruled that the incorrect restraining order is “null and void” and has “no legal effect.” The publication states there is no guarantee Dotcom will get his assets back though, as his lawyers must first prove a lack of good faith when the procedural error was made.

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