Court document shows Manafort wealth,
ties to Russian oligarchs
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[November 02, 2017]
By Doina Chiacu
WASHINGTON (Reuters) - Paul Manafort,
former campaign manager for President Donald Trump, had three U.S.
passports, millions in assets and ties to Russian oligarchs, according
to federal court documents after his indictment on tax fraud and money
Manafort and associate Rick Gates pose a significant flight risk because
of the serious nature of the charges, the strong evidence of guilt,
their wealth and "their history of deceptive and misleading conduct,"
federal prosecutors said in a filing Tuesday in U.S. District Court for
the District of Columbia.
Manafort, 68, and Gates, who also worked on Trump's campaign, pleaded
not guilty on Monday in a 12-count indictment, ranging from money
laundering to acting as unregistered agents of Ukraine’s former
The charges came as part of federal special counsel Robert Mueller's
5-month-old investigation into alleged Russian efforts to tilt the 2016
presidential election in Trump's favor and potential collusion by
The allegations are not related to campaign activities but reveal close
ties to Russia, and include activities from 2006 to 2017, which overlaps
with the mens' work on Trump's campaign.
The two men are under house arrest and have relinquished their U.S.
passports, with a $10 million bond set for Manafort and a $5 million
bond for Gates.
"Both defendants have substantial ties abroad, including in Ukraine,
where both have spent time and have served as agents of its government,"
according to the government's memorandum in support of the conditions of
"And both Manafort and Gates have connections to Ukrainian and Russian
oligarchs, who have provided millions of dollars to Manafort and Gates."
The next hearing in the case, set for 2 p.m. (1800 GMT) on Thursday,
will concern the bail conditions that were set at Monday's arraignment.
Manafort was a longtime U.S. Republican operative before turning his
attention to political consulting overseas.
He submitted 10 passport application in the last decade and currently
holds three U.S. passports, the memo said.
[to top of second column]
Former Trump 2016 campaign chairman Paul Manafort leaves U.S.
Federal Court after being arraigned on twelve federal charges in the
investigation into alleged Russian meddling in the 2016 U.S.
presidential election in Washington, U.S. October 30, 2017.
REUTERS/James Lawler Duggan
It is rare but legal to hold three valid passports.
People can apply for more than one passport under limited
circumstances, including when a foreign country will deny entry to
someone holding a passport showing travel to certain other countries
or when a visa request is being processed but a person needs a valid
passport for immediate travel, a State Department official said on
The official could not comment on Manafort's passport records but
said requests for more than one valid passport are reviewed on a
Asked about the information in the memo, Manafort lawyer Jason
Maloni told Reuters on Wednesday his client "looks forward to having
these allegations tried before a judge and jury."
The memo said Manafort's financial assets were substantial but
difficult to quantify because he listed figures on loan applications
and other financial documents since 2012 that ranged from $19
million to $136 million.
Manafort and Gates owned or controlled entities and accounts
worldwide including in Cyprus, Grenadines, Seychelles and England,
Manafort traveled to Mexico, China and Ecuador in 2017, prosecutors
(Reporting by Doina Chiacu, Karen Freifeld, Sarah Lynch; Editing by
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