29 Feb '12, 12pm

Megaupload boss says needs frozen funds to pay rent, nannies

Megaupload boss says needs frozen funds to pay rent, nannies

Megaupload founder Kim Dotcom talks to members of the media as he leaves the High Court in Auckland Feb 29, 2012. Dotcom has asked a New Zealand court to free nearly a quarter of a million dollars in frozen assets to pay for living expenses, including nannies and bodyguards. -- PHOTO: REUTERS WELLINGTON (Reuters) - The founder of online file-sharing site Megaupload.com has asked a New Zealand court to free nearly a quarter of a million dollars in frozen assets to pay for living expenses, including nannies and bodyguards. Kim Dotcom remains under virtual house arrest in New Zealand after the United States failed on Wednesday to have his bail revoked and the alleged Internet pirate put back in jail pending an extradition hearing. Dotcom, a German national also known as Kim Schmitz and Kim Tim Jim Vestor, is charged by the United States with being the ringleader of a group wh...

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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