Subscribe / Unsubscribe Enewsletters | Login | Register

Pencil Banner

NZ refuses bail for web tycoon as passports seized

Chris Bourke, Auckland (SMH) | Jan. 25, 2012
Kim Dotcom has been remanded in custody until Feb. 22, the judge denying him his application for bail.

When police arrived at Schmitz's leased Auckland home, he entered his house and activated electronic locks, police said. They neutralised locks and cut their way into a safe room where he was found with what looked like a sawed-off shotgun, according to the statement.

Police said they carried out 10 search warrants and seized 18 luxury vehicles, including a Rolls-Royce Phantom Drophead Coupe and a 1959 pink Cadillac. The vehicles are valued at $NZ6 million ($A4.6 million). Police said as much as $NZ11 million was restrained in various accounts.

NZ opposition politicians want an inquiry into how Dotcom was able to stay permanently in Auckland, the stuff.co.nz website reported. He was able to settle there after investing $NZ10 million in government bonds in 2010, the website reported.

Meanwhile, proposed American anti-internet-piracy laws have collapsed. Hollywood studios are searching for a compromise with internet companies after an online protest by Google and Wikipedia unravelled support for the bills.

A decision by congressional leaders to shelve the measures marked a defeat for the Motion Picture Association of America. Unprecedented web opposition prompted at least 13 co-sponsors to abandon the bills.

BLOOMBERG, AAP

 

Previous Page  1  2 

Sign up for CIO Asia eNewsletters.

What industries are using virtual reality?

9 ways you’re failing at business intelligence

HPE pushes toward autonomous data center with InfoSight AI recommendation engine

IoT needs to be secured by the network

10 tech trends you don’t have to worry about (2018 edition)

Black Friday bargain hunting to benefit more than just retailers

5 information security threats that will dominate 2018

Leveraging Cloud for High Availability, Backup and Disaster Recovery

Black Friday bargain hunting to benefit more than just retailers

Are You Losing Customers to Poor Security?

5 information security threats that will dominate 2018

Malaysia’s Inland Revenue warns of new wave of phishing scams

GECommunity summit to attract international entrepreneurship experts to Malaysia

Why CyberSecurity Malaysia was in Azerbaijan

Cyber bullying: Nationwide Malaysian quest to design stronger strategies