Business Standard

Trump's ex-aide Manafort sentenced to 47 months for fraud

Topics
Law Crime

IANS  |  Washington 

Paul Manafort, US President Donald Trump's former campaign chairman, was sentenced to 47 months in federal prison for tax and bank fraud on Thursday, much shorter than expected.

Prosecutors had recommended a sentence between 19.5 to 24 years behind bars, reports Xinhua news agency.

In a federal courtroom in Virginia on Thursday afternoon, an attorney from Special Counsel Robert Mueller's office said Manafort "failed to accept responsibility and is not remorseful."

"The last two years have been the most difficult of my life," Manafort said in court before US District Judge T.S. Ellis handed down the sentence. "To say I am humiliated and ashamed would be a gross understatement."

Ellis noted that Manafort "is not before the court for anything having to do with colluding with the Russian government."

The judge said though Manafort's financial crimes were "very serious," he found the sentencing guideline range for him was "not at all appropriate."

In addition to the sentence, Ellis ordered Manafort to pay a $50,000 fine, the lowest fine provided for by guidelines that recommended a fine between $50,000 and $24 million.

The charges against Manafort stemmed from Mueller's ongoing investigation into alleged Russian meddling in the 2016 US presidential election and possible ties with Trump's campaign. Russia had repeatedly denied the allegation while Trump called the probe a "witch-hunt."

--IANS

vc

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, March 08 2019. 07:48 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU