Front-footing share seizure the right move – Mega CEO

Mega chief executive Graham Gaylard’s decision to go public on Monday with the fact that 18.81% of his company’s shares had been placed under a restraining order was a mix of principle and practicality.

The shares, some of which were bought earlier this year from Kim Dotcom by William Yan (also known as Bill Liu), were placed under the control of the Official Assignee as part of a police investigation into money laundering.

 

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