Paul Manafort, President Trump’s former campaign manager, may soon gain some freedom to travel as he awaits trial in federal court.
Since his arrest Oct. 30 on charges of conspiracy, money laundering and fraud, the once powerful GOP operative and international consultant has been confined to his condominium in Alexandria, Va., outside Washington, where he’s under GPS monitoring.
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.
The proposed deal is being presented to U.S. District Judge Amy Berman Jackson for her approval.
The deal involves the pledging of four properties: Manafort’s condo in Alexandria; his home in Palm Beach Gardens, Fla.; another condo in Manhattan; and a beachfront property in Bridgehampton, N.Y.
Under the proposal, Manafort would be permitted to travel in Virginia, New York, Florida and Washington, D.C., with other domestic travel requiring permission from the court.
Manafort would still be barred from leaving the country. He turned over his three U.S. passports to prosecutors after his arrest.
If Manafort doesn’t appear in court as required, he would forfeit the four properties. His lawyers said they were worth $11.6 million after existing mortgages are deducted.
“Simply put, Mr. Manafort’s family would face severe economic consequences if he were not to appear as required,” Manafort’s lawyer, Kevin Downing, wrote in a court filing.
Manafort has pleaded not guilty to the charges against him. His trial is scheduled to start in May.