Gates testifies he and Manafort committed crimes

Lamar Ellis
August 7, 2018

Paul Manafort's former deputy Rick Gates took the stand Monday and admitted to committing crimes with his then-boss.

Notably, after urging prosecutors to speed things along as jurors heard from 14 witnesses last week, U.S. District Judge T.S. Ellis III said late on August 3 that Downing could begin his questioning of Laporta on Monday and wouldn't rush him.

The charges largely predate his five months on the Trump campaign but were the first to go to trial arising from Special Counsel Robert Mueller's investigation into Russian interference in the 2016 USA election. When a banker asked about $1.5 million debt that Manafort's company owed to a Cyrus entity called Peranova Holdings Limited, Gates produced a backdated document showing it was forgiven.

What's Gates telling the court?

He has pleaded not guilt to all charges.

During opening arguments last week, the defense team made it clear they intend to blame Gates, who handled some day-to-day business operations for Manafort, for numerous alleged reporting deficiencies Manafort is charged with.

Manafort has pleaded not guilty to 18 counts of bank and tax fraud and failing to disclose foreign bank accounts.

Tsitsipas upsets Goffin to reach DC semifinals; Murray pulls out
The returning Scot also announced his withdrawal from next week's Rogers Cup in Toronto in order to recover. By reaching the quarters, Murray has already seen his ranking jump from No. 832 to around 375.

PepsiCo CEO Indra Nooyi to step down, Ramon Laguarta to succeed
Ramon Laguarta , the future CEO, has spent 22 years at the company, and served as the President of PepsiCo. PepsiCo CEO Indra Nooyi will step down after 12 years of leading the food and beverage giant.

Tiger Woods, Phil Mickelson Golf Showdown Set for Thanksgiving in Vegas
The online bookmaker has Woods, a 14-time major champion, at $1.67 ahead of five-time major victor Mickelson ($2.10). It will be a match-play format, and the purse is reportedly $10 million.

Gates served as Manafort's business partner for almost a decade until 2016, when the two joined the Trump campaign for president.

The warning came after multiple reporters rushed out of the courtroom at the same time Monday after it was announced that Gates would testify Monday.

In a court filing on Monday, prosecutors said they may call Federal Bureau of Investigation forensic accountants Morgan Magionos and Renee Michael to read from Manafort's emails. Having initially been charged alongside Manafort, Gates has since cooperated with the special counsel as part of their investigation into Russian meddling during the 2016 campaign.

Testimony from Mr Manafort's tax preparer continued on Monday.

Gates, a longtime business associate of Manafort's, was indicted on fraud charges in October but later pleaded guilty to reduced charges as part of a plea deal. Laporta, looking at a summary of loans to Manafort and his businesses, said she could not see any indication that the loan from Deripaska had been paid off.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER