- Thomson Reuters
- Former Trump campaign manager Paul Manafort reached a bail agreement with special counsel Robert Mueller’s investigative team.
- The agreement would allow him to be released from home arrest and GPS monitoring.
- Manafort was indicted last month on charges that included money laundering, tax fraud, and failure to register as a foreign agent.
Paul Manafort has reached a $11 million bail agreement with special counsel Robert Mueller’s office that would allow him to be released from home arrest and GPS monitoring, according to court documents filed on Thursday.
Manafort, who served as President Donald Trump’s campaign manager between April and August of 2016, was indicted late last month alongside his longtime business associate Rick Gates on charges that included money laundering, tax fraud, and failure to register as a foreign agent.
The agreed-upon bail package would require Manafort to forfeit four of his properties in Virginia, Florida, and New York – worth a combined $11.65 million – if he violated his bail by attempting to travel internationally or anywhere outside of Florida, Virginia, New York, and Washington, DC.
“Although for some this might not seem consequential, it must be remembered that Mr. Manafort has been an international political consultant for many years,” wrote his attorney, Kevin Downing. “He has substantial business and business contacts overseas, and this restriction will undoubtedly affect his ability to secure and retain work from abroad.”
A docket in the criminal case against Manafort and Gates, unsealed earlier this month, alleged that both men had received “millions of dollars” from Ukrainian and Russian oligarchs that would allow them “to live comfortably abroad” and therefore make them a flight risk.
Manafort and Gates were required to turn over their passports to the FBI and notify the bureau of their movements. A footnote in the filing says Manafort has three passports with different numbers and has “submitted ten United States Passport applications on ten different occasions” over the past decade.
He and his wife have handed over their passports, his lawyer said in Thursday’s court filing.
The bail agreement will allow Manafort to travel within the US “to other jurisdictions (e.g., for a potential business meeting) … only upon application to and approval by the Court.”
Manafort will also have to “report on a regular basis” to the DC Pretrial Services Agency and will be required to provide an itinerary for any domestic travel “at least 24 hours in advance,” the filing said.