Megaupload founder Kim Dotcom granted bail
Source: CNN
Megaupload founder Kim Dotcom granted bail
By the CNN Wire Staff
February 21, 2012 -- Updated 2351 GMT (0751 HKT)
(CNN) -- A New Zealand court granted bail Wednesday to Megaupload millionaire Kim Dotcom, a New Zealand Justice Ministry spokeswoman told CNN.
"In my view, after taking all matters now known to this court into account, the factors relating to flight risk are not now of such concern that there remains just cause to continue to remand Mr. Dotcom in custody once satisfactory bail conditions are imposed to alleviate the remaining concerns about his possible flight," wrote District Judge N.R. Dawson.
In his 13-page decision, Dawson cited "fresh and new" information that has emerged since Dotcom's first application for bail was denied last month and upheld early this month, including:
-- Megaupload's chief financial officer has filed an affidavit supporting Dotcom's contention that he has no money to flee;
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http://edition.cnn.com/2012/02/21/world/asia/new-zealand-dotcom-megaupload/index.html