WASHINGTON, DC -- Paul Manafort has pleaded not guilty to allegations laid out in court documents that say he acted as an unregistered agent of Ukraine’s government for nearly a decade.
Manafort is now under house arrest following the $10 million dollar bond the judge set in today’s indictment hearing.
The 31 page indictment lists 12 charges against the former Trump campaign manager, accusing him of conspiring against the United States, acting as an unregistered foreign agent, making false statements, and six counts of failing to report foreign bank and financial accounts.
The indictment alleges that Manafort laundered over $18 million in hidden overseas wealth by spending lavishly here in the US.
Money that Manafort made by lobbying for Ukraine, which he never disclosed to the U.S. government, according to documents.
Authorities have said that Manafort funneled the money through offshore accounts and spent a lot on high price items.
President Trump took to twitter shortly after court documents were unsealed, saying this happened years before Manafort got involved with the Trump campaign and that there is no collusion.
Former Assistant US Attorney and Capitol Hill Senior Staffer turned defense attorney, Glenn Ivey said that's technically correct.
“The Manafort/Gates indictment technically doesn’t have anything to do with Russian collusion, *but they are facing some serious jail time. And, part of what prosecutors do some time is they’ll charge defendants to try and get them to flip and provide evidence against other people in the investigation.”, said Ivey.
In a statement, Manafort’s Attorney said his client was seeking to further democracy and help Ukrainians come closer to the United States and the EU.
He also called claims of Manafort trying to hide money from the U. S. Government in offshore accounts "ridiculous’'.
As for who could be next, Ivey said, “We didn’t hear anything about Flynn today, and obviously he’s a key player in this. So, there could be charges coming in against him. And obviously, you know, they’re focused on other players in the White House, Kushner, the other, Donald Trump Jr. who was a participant in some of those meetings, and ultimately maybe the president too.”