Mona Dotcom's separation from Kim Dotcom might have put part
of his empire beyond his reach. The family's ownership of the
new Mega website is tied up in a trust in her name.
The Dotcom family ownership of Mega.co.nz, the businessmans
encryption-based cloud storage site, is held in trust through
a company called MD Corporate Trustee Ltd of which she is the
only director and shareholder.
Signs of the separation have emerged in other companies
registered in her name with the Companies Office.
Three other entities of which Mona Dotcom was director, and
her MD Corporate Trustees Ltd was shareholder, all changed
On that day, May 13, Dotcom replaced his wife as director of
Kimpire Music Ltd, MD Corporate Holdings Ltd and Dotty Media
Ltd. The shareholdings switched from MD Corporate Trustees
Ltd to Coatesville Trustee Services Ltd.
She appears to retain control of the Mega shareholding
company. Mega is just months away from a backdoor listing on
the NZ stock exchange. It would join the sharemarket through
a company already on the exchange, buying it for $210 million
and attempting to recoup the money through share sales.
Mona Dotcom's interest in the company, through MD Corporate
Trustees, is 17.7 per cent. The balance is held by a range of
private investors. The largest shareholding, at 18.3 per
cent, rests with businessman and National Party donor Shen
Kim Dotcom announced the separation on Saturday night on
Twitter, saying it was "a family matter and we would ask for
privacy at this difficult time".
His announcement came in the same week that Immigration New
Zealand ordered the deportation of the four nannies employed
to look after the couples five children. Their work visas had
Dotcom had been actively involved in the creation of Mega,
then stepped back in September last year to focus on building
a music business and fighting his extradition to the US.
An Internet Party spokesman said the separation would not
affect the Internet Party and Mr Dotcom had made it clear he
wanted to continue.
Mr Dotcom could not be reached for comment yesterday.
*Mona Dotcom is the only director and shareholder of a
company which holds the family's ownership of
*Kim Dotcom recently replaced his wife as director of three
other companies, and shareholdings in them were moved
*Mega.co.nz is months away from a backdoor listing on the NZ
- David Fisher, NZ Herald