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Ex-Trump Campaign Chairman Manafort In $11.65 Million Bail Deal

Paul Manafort leaves the Prettyman Federal Courthouse after a bail hearing on November 6 in Washington, D.C.

Paul Manafort, U.S. President Donald Trump's former campaign chairman, has agreed to an $11.65 million bail agreement with the special counsel investigating ties between the Trump campaign and Russia, Manafort's lawyer says.

In a filing in court in Washington, lawyer Kevin Downing said that Manafort, who has been confined to his Virginia home since being indicted in October, would be released from house arrest and electronic monitoring under the deal.

Manafort has agreed to forfeit four properties worth about $11.65 million if there is a bail violation, the court document said.

Agreement on bail had been reached with the office of Special Counsel Robert Mueller, Downing said in the filing.

A spokesman for Mueller could not immediately be reached for comment.

Manafort, who ran Trump's campaign for several months, and business associate Richard Gates pleaded not guilty in October to a 12-count indictment by a federal grand jury.

The charges against them include conspiracy to launder money, conspiracy against the United States, and failing to register as foreign agents of Ukraine's former Russia-friendly government.

The charges are part of Mueller's investigation following the conclusions of U.S. intelligence agencies that Russia used hacking and misinformation in an effort to tilt the election in Trump's favor.

Based on reporting by Reuters and Politico