Defense lawyers representing former Trump campaign chairman Paul Manafort have successfully negotiated for new bail terms with special counsel Robert Mueller.
Under the terms of the new bail package, Manafort will post four properties totaling $11 million dollars in value as bail. The properties include his Alexandria, Va., condominium, where he has been detained on house arrest, his vacation home in the Hamptons, a second vacation home in Palm Beach, Fla., and an apartment in New York City. The properties will be seized should Manafort violate the terms of his release.
Two unnamed individuals also agreed to serve as sureties for Manafort. They will payout a $10 million bond should Manafort fail to appear to for an official proceeding. He will also limit his travel to Virginia, Florida, and New York, where he has substantial business interests.
The agreement ends one month of house arrest for Manafort, who was arraigned on Oct. 30. He has also been subject to GPS monitoring, which will end under the new terms. Heretofore, Manafort has only been allowed to leave his Virginia home to appear in court, confer with counsel, attend religious services, or obtain medical care.
It has taken over three weeks for prosecutors and defense lawyers to reach a new agreement as to Manafort’s bail. Prosecutors anticipated new terms could be negotiated in a matter of days during a hearing early in November.
The new deal must now be approved by U.S. District Judge Amy Berman Jackson.
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