Manafort announces proposed bail deal with Mueller probe prosecutors for judge's OK

Manafort announces proposed bail deal with Mueller probe prosecutors for judge's OK

Paul Manafort, former campaign manager for U.S. President Donald Trump arrives for a bond hearing at U.S. District Court in Washington, U.S., November 6, 2017. Mr. Manafort has already turned over his passports to authorities, but his wife, who has not been criminally charged, would also voluntarily surrender her passport as part of the agreement.

"The Defendant will execute an agreement to forfeit four (4) separate real properties if there is a bail violation with a total estimated net value (i.e., fair market value less encumbrances) of approximately $11.65 million", Manafort lawyers Kevin Downing and Thomas Zehnle wrote.

In the proposal, Manafort agreed he will not travel overseas and that his wife, Kathleen, will turn over her passports, as he has already done.

In court filings, Manafort's lawyers said he had agreed not to travel internationally, or to leave Florida, New York, Virginia and Washington without permission from the court.

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The two other properties being used as collateral are a home at 10 Saint James Drive in South Florida's Palm Beach Gardens and one in Alexandria, VA. His lawyers said they were worth $11.6 million after existing mortgages are deducted. A footnote in the filing says Manafort has three passports with different numbers and has "submitted ten United States Passport applications on ten different occasions" over the past decade.

The revelations come one day after CNN reported Mueller chose to delay grand jury testimony from an associate of former National Security Adviser Michael Flynn in a sign Flynn may have struck a plea bargain with Mueller's office.

A docket in the criminal case against Manafort and Gates, unsealed earlier this month, alleged that both men had received "millions of dollars" from Ukrainian and Russian oligarchs that would allow them "to live comfortably abroad" and therefore make them a flight risk.