Paul Manafort seems to reach bail deal that may lift house arrest

Former Trump campaign chairman Paul Manafort appears to have reached a bail agreement, possibly lifting the house arrest he’s been under for the past month, according to court papers filed Thursday.

Lawyers for Manafort say they’ve reached a deal with prosecutors from special counsel Robert Mueller’s team, which is looking into Russian meddling in the presidential election, according to court papers.

The documents filed reference an “agreed-upon bail package with the Office of Special Counsel.”

The proposal, which needs to be approved by a federal judge, includes redacted names of people who may be putting up money or property to ensure Manafort doesn’t skip out on trial.

Manafort and his longtime aide, Rick Gates were arraigned on money laundering charges last month.


It is unclear if Manafort’s co-defendant Rick Gates’ lawyers are nearing a deal with prosecutors as well.

(Jim Urquhart/REUTERS)

Their alleged crimes, including false statements and seven counts of failure to file reports of foreign bank and financial accounts, center around their work on behalf of the Ukrainian government before they worked for President Trump’s campaign.

Bail arrangements have dragged on for weeks as prosecutors sought to make sure that Manafort and Gates were not using any funds considered proceeds from the alleged illegal scheme they ran. Both have pleaded not guilty

Prosecutors sought $10 million to secure Manafort’s appearance at trial and $5 million for Gates.

The pair were placed under house arrest and forced to wear GPS monitoring devices while attorneys worked out arrangements.


Both men are under investigation in Robert Mueller’s Russia interference probe.

(Kevin Lamarque/REUTERS)

U.S. District Judge Berman Jackson has suggested that the pair pose a flight risk, but said arrangements could be made if they reached a bail deal.

Manafort’s lawyers have proposed that he be allowed to travel in Virginia, New York, Florida and Washington and pledged as collateral his properties in the Hamptons and on Baxter St. in lower Manhattan as well as a home in Palm Beach, Fla.

An additional $4.5 million in life insurance policies was also floated as collateral.

A previous proposal offered Manafort’s Trump Tower apartment as collateral.

It is unclear if Gates’ lawyers are nearing a deal with prosecutors as well.

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