An aerial shot of Kim Dotcom's mansion in Coatesville.
Photo from the New Zealand Herald
Kim Dotcom is eager to buy the mansion which the
Government barred him from owning.
The detail has escaped from a court hearing about the
internet tycoon's finances.
It matches up with a trigger date which passed in September
meaning he no longer needs government permission to purchase
Crown lawyers told the High Court in Auckland that Dotcom was
planning to buy the mansion.
In the hearing, Crown Law Office lawyer Anne Toohey expressed
concern over the purchase and Dotcom's new business venture,
an encrypted cloud network dubbed Mega. "There is a concern
how this new venture is being funded."
The mansion was said by Crown lawyers to be worth $21
Dotcom has recently sent Twitter messages about investors for
the new business flying into the mansion.
Lawyers acting for his wife, Mona, have also told the court
he is attracting support and interest from new backers simply
because he was still "sucking air" almost a year after he was
arrested for extradition to the US on criminal copyright
charges, which he has always denied.
Lands Minister Maurice Williamson originally approved
Dotcom's application to buy the mansion last year. Three
months later, the minister changed his mind after
then-Justice Minister Simon Power vetoed the approval.
Yesterday, Mr Williamson said "by virtue of his incarceration
and his being held" that he would soon be able to buy the
mansion without any restrictions.
The trigger date had actually already passed.
Dotcom was granted residency under the investor category and
returned to New Zealand in late September last year. By
staying in New Zealand for six months out of 12 months he
became "ordinarily resident" in late September.
The description means he can buy property as if he were a New
- By David Fisher of the NZ Herald