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The European Journal

Manafort offers $12 million in assets in bid to avoid house arrest: document

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November 4, 2017

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WASHINGTON (Reuters) – President Donald Trump’s former campaign manager Paul Manafort offered to pledge $12 million in real estate and life insurance assets and limit his travel in a bid to avoid continued house arrest, according to court documents filed on Saturday.

Paul Manafort, former U.S. President Donald Trump 2016 campaign chair (R), departs after a status conference at the U.S. District Court following his indictment on tax fraud and money laundering charges in the special counsel’s investigation into alleged Russian meddling in the 2016 U.S. presidential election in Washington, U.S. November 2, 2017. Also seen is Manafort’s wife Kathleen (L). REUTERS/James Lawler Duggan

Manafort, who ran Trump’s presidential campaign for several months last year, and associate Richard Gates earlier this week pleaded not guilty to a 12-count indictment by a federal grand jury. The charges included conspiracy to launder money, conspiracy against the United States and failing to register as foreign agents of Ukraine’s former pro-Russian government. [nL2N1N50G2]

In the Saturday court filing, Manafort also offered to limit his travel to New York, Washington and Florida.

Reporting by David Shepardson, editing by G Crosse

Our Standards:The Thomson Reuters Trust Principles.

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