Trump's former campaign chief Manafort sentenced to 47 months in prison

Manafort used offshore bank accounts in Cyprus to hide more than $55 million from Ukrainian politicians from the tax authorities

Paul Manafort
Paul Manafort <b> Reuters <b>
AFP | PTI Alexandria (US)
2 min read Last Updated : Mar 08 2019 | 8:20 AM IST

US President Donald Trump's former campaign chief Paul Manafort was sentenced to 47 months in prison Thursday for tax crimes and bank fraud.

It was the stiffest sentence yet given to an associate of the president in Special Counsel Robert Mueller's investigation into Russian election meddling -- but significantly lighter than many expected for the 69-year-old political consultant.

In a rebuff to Mueller's call for stiff punishment, the judge called the official guidelines for a prison sentence of 19 to 24 years "excessive." But Manafort still faces sentencing in a second case in Washington next week, where the maximum penalty is 10 years and the judge has appeared more sympathetic to prosecutors.

The charges involved Manafort's work for 10 years on behalf of Moscow-allied politicians in Ukraine, and nothing related to the 2016 election -- an issue he argued in asking the court for lenience.

Prosecutors alleged that Manafort used offshore bank accounts in Cyprus to hide more than $55 million from Ukrainian politicians from the tax authorities.

He is one of six top advisors and associates of Trump's 2016 presidential election campaign to be charged in the Mueller investigation.

During Manafort's trial, much of the damaging testimony against him was provided by his former deputy Rick Gates, who is awaiting sentencing after reaching a plea agreement with the Special Counsel's office.

Besides Manafort and Gates, four other former Trump associates face charges or have pleaded guilty to charges stemming from the Mueller investigation.

Former National Security Advisor Michael Flynn pleaded guilty to lying to the FBI about his contacts with Russian officials and is awaiting sentencing.

Trump's former personal attorney Michael Cohen is to begin serving a three-year prison sentence on May 6 for fraud, tax evasion, illegal campaign contributions and lying to Congress.

George Papadopoulos, a foreign policy advisor to the Trump campaign, pleaded guilty to lying to the FBI and was sentenced to two weeks in prison. Another Trump advisor, Roger Stone, awaits trial.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 08 2019 | 6:15 AM IST

Next Story