On August 19, just weeks after the Republican convention, Paul Manafort resigned as campaign chairman of Donald Trump’s campaign. Manafort left under pressure as stories of his corruption, secret funding by the Russians, and anti-NATO activities were growing almost daily.
Fresh details of alleged secret payments allocated for Paul Manafort by the pro-Russian party of Ukraine’s former president have emerged after 12 itemised regime accounting entries, totalling $7.61 million, were obtained by The Times.
But as it turns out, Manafort did not go quietly into that good night. Or at least, he did not go cheaply.
Papers were recorded that same day creating a shell company controlled by Mr. Manafort that soon received $13 million in loans from two businesses with ties to Mr. Trump, including one that partners with a Ukrainian-born billionaire and another led by a Trump economic adviser. They were among $20 million in loans secured by properties belonging to Mr. Manafort and his wife.
Why was Manafort picking up millions from Trump’s associates as he went out the door? That’s not clear. On one front, he seems to have been going through a “personal crisis” related to bad investments. But if that’s true, how did he possibly qualify for $20 million in loans?
The idea that Manafort served on the Trump campaign “for free” has been brought up frequently by Trump, by Manafort, by Spicer, by Conway, by everyone trying to make Manafort’s role in Trump’s campaign seem smaller.
But ending up with $20 million on the day he left the campaign, doesn’t make Manafort’s work seem all that gratis. In fact, it seems like exactly the sort of off-the-books funding that Manafort was infamous for in other jobs.
from Daily Kos http://ift.tt/2pchqey
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