High Court releases more Dotcom assets

Megaupload founder Kim Dotcom has been granted access to a reported $6 million worth of seized assets

Megaupload founder Kim Dotcom says he has been granted access to more assets seized by the court in order to cover his legal fees.

The internet piracy-accused tweeted this afternoon that the High Court at Auckland had made a ruling in his case.

Court staff confirmed a decision had been made by Justice Judith Potter, but would not release the decision to media.

Dotcom has been arguing for the release of funds and other assets such as cars, in order to cover his huge legal fees in the copyright case brought against him by the US Government.

The founder of file-sharing site Megaupload was arrested in New Zealand in January during a dramatic police raid, and is awaiting an extradition hearing.

Dotcom said he was happy about the "fair "High Court ruling.

"It will allow us to fight back," he said.

The New Zealand Herald reported Dotcom has been given the use of $6m; including $2.6m for legal fees, $1m for future costs and $1m for rent for his Auckland mansion.

This ruling will be the second made by Justice Potter in relation to the seized assets.

Earlier this year the judge allowed Dotcom access to more than $750,000 of cash, investments and flash cars.

He was allowed a $20,000 monthly living allowance that comes from the interest paid on a $10 million investment in NZ government bonds.

He was also able to use a 2011 Mercedes-Benz G55AMG, valued at $250,000, with the licence plate Police.

A bank account with another $301,000 was to be returned to him.

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