Paul Manafort Free From House Arrest After Posting $12 Million Bail

Former Trump campaign manager Paul Manafort is pledging to put up four properties with a net value of $11.65 million in exchange for having his home confinement and Global Positioning System monitoring lifted while the criminal case against him goes forward. The deal requires Manafort to pledge four properties he owns, which prosecutors say equal $11 million in value.

Manafort, 68, and his co-defendant, business partner Rick Gates, 45, have been under home confinement and Global Positioning System monitoring with few exceptions since pleading not guilty October 31 in the first criminal allegations in Mueller's probe of possible Russian influence in US political affairs, including Trump's 2016 election. Special Counsel Robert Mueller agreed to the bail terms, which need the approval of U.S. District Judge Amy Berman Jackson, according to a filing by Manafort's lawyers. He can also travel to and from Washington, D.C. where proceedings are scheduled.

A judge still has to OK the agreement, but it would free Manafort from house arrest and Global Positioning System monitoring and let him travel to Virginia, New York, Florida and Washington, D.C. Any other domestic travel would require the court's permission.

The two other properties being used as collateral are a home at 10 Saint James Drive in South Florida's Palm Beach Gardens and one in Alexandria, VA.

His lawyers now have reached an $11.6-million bail agreement with the special counsel's office, which is pursuing the criminal case against Manafort, according to a motion filed Thursday. He turned over his three USA passports to prosecutors after his arrest. They questioned his claimed $28 million of assets or net worth, stating he previously reported $136 million in assets in financial documents in May 2016.

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.

  • Rogelio Becker