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Rick Gates Denies Embezzling Money From Manafort’s Company To Finance Affair

08 August, 2018, 07:32 | Author: Lucille Rivera
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Rick Gates, the star witness in the federal case against ex-Trump campaign adviser Paul Manafort, on Tuesday acknowledged having an extramarital relationship in London while working for Manafort as the defense accused him of leading a "secret" and "second" life.

The defense highlighted the terms of the deal Gates received for testifying in the bank and tax fraud case against Manafort on charges that stem from special counsel Robert MuellerRobert Swan MuellerSasse: US should applaud choice of Mueller to lead Russian Federation probe MORE's Russian Federation investigation. "WTF", Manafort wrote to Gates in an email entered into evidence showing Manafort's reaction when he learned how much money he would have to pay in 2014 taxes.

Under questioning, Gates said when Manafort did consulting work for Ukrainian politicians, he would send the money he made to accounts in Cyprus. Gates was indicted on similar charges to Manafort, which were dropped after he agreed to plead guilty to lesser charges of conspiring against the USA and lying to the government officials in exchange for this testimony.

"Did you submit personal expenses to the inaugural committee?" He said there were 15 secret accounts.

The testimony came as prosecutors wrapped up their questioning of Gates mid-afternoon Tuesday.

"Not happy. I just saw this".

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Downing asked Gates whether he was told he was looking at 290 months for the crimes that were dismissed. "Yes, we did", he replied.

Prosecutors showed contracts laying out that Manafort would be paid $4 million a year in quarterly installments of $1 million, all channeled through Cyprus. The funds were logged as loans in order to meet later audits in Cyprus that required documentation of transfers between bank accounts, but Gates testified they were in fact compensation to Manafort.

Paul Manafort (L), former campaign chairman for U.S. President Donald Trump, in Washington, DC, U.S., December 11, 2017, and Rick Gates, former campaign aide to Trump, in Washington, U.S., December 11, 2017 are pictured in this combination photograph. The "sole goal", Gates said, was to facilitate Ukrainian payments to Manafort.

Downing began his cross-examination of Gates Tuesday afternoon by trying to highlight for the jury Gates' lies to both the special counsel and to Manafort.

Virginia-based Kositzka, Wicks & Co. said in a statement Tuesday it was "shocked by Ms. Laporta's testimony, which clearly represents that she failed to meet the firm's high standards for professional and ethical conduct in her work for Mr. Manafort". Kilimnik was indicted in the Mueller investigation in June.


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