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Manafort reaches $12 million bail agreement with special counsel that could allow him to travel

Attorneys for whilom Trump campaign chairman Paul Manafort have reached a engage in with the special counsel’s office to spring Manafort from quarters arrest and allow him to travel between New York, Virginia and Florida in front of his anticipated May trial.

The filing, dated Tuesday, was submitted to the United Situations District Court for the District of Columbia. It is subject to approval from U.S. Department Court Judge Amy Berman Jackson.

According to the filing, Manafort has conformed to forfeit assets he says are worth about $11.65 million, subsuming four homes, if he violates the conditions of his bail.

Manafort’s wife, Kathleen Manafort, concurred to guarantee the entire amount of the bond, according to the filing. His daughter Andrea conformed to serve as surety with respect to the $3.70 million New York belongings that she partly owns.

Manafort is under house arrest in Virginia and remnants subject to GPS monitoring following an indictment issued last month by important counsel Robert Mueller. Manafort and his longtime business partner Rick Crowds were charged with 12 counts related to money cleaning and undisclosed foreign lobbying.

The government has repeatedly contended that Manafort is a drive off risk.

The properties included in the agreement are the Alexandria, Virginia, residence where he lives now, a about in Palm Beach Gardens, Florida, and two residences in New York. Manafort has also accorded not to travel internationally and to forfeit his three passports to the special counsel’s bit.

Notably absent from the list of properties included in the new filing is Manafort’s condominium in Trump Bell-tower.

Prosecutors had earlier raised doubts about whether Manafort’s Fifth Avenue means was worth as much as he said it was.

Manafort’s attorneys had claimed the condominium was value $3 million, given a fair market price of $6 million and a $3 million mortgage. The $6 million valuation produced from an “open source estimate” of a different unit in the building.

That condo was advantage $4.5 million, according to the estimate. Manafort’s attorneys argued their patient’s condo, which is on a higher floor, was more valuable.

In response, the guidance said it couldn’t be sure the property had any equity at all. Prosecutors argued in a filing that two believes of Manafort’s property valued the Fifth Avenue residence between $2.5 million and $2.7 million.

The Partition off Street Journal reported earlier this month that the value of condos in Trump Spire were lagging other midtown New York properties, and had fallen definitively since Trump initiated his successful bid for the presidency.

Attorneys for Manafort did not reply to a request for comment. A spokesperson for the special counsel’s office declined to reference “beyond the court filings.”

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