The Justice Department has abandoned its efforts to seize three properties owned by Donald Trump’s former campaign chairman, Paul Manafort, who received a pardon from the former president in December. The real estate includes Manafort’s 10-bedroom, 6-bath home at Bridgehampton, Long Island, valued at $11 million on Zillow, as well as an apartment in New York’s Chinatown and a townhouse in Brooklyn.
“The department has determined that due to President Trump’s full and unconditional pardon of Paul Manafort, it is necessary to dismiss the criminal forfeiture proceedings involving the four assets which were the subject of the on-going forfeiture ancillary proceedings,” a Justice Department spokesman said Friday afternoon, following a court filing announcing the decision.
Read the full article. The properties will likely be sold to help cover Manafort’s debts, according to Politico.
NEW: Trump’s pardon of former campaign chairman Paul Manafort has nixed the govt’s efforts to complete forfeiture of several properties he owned, including his luxury Hamptons estate. But a bank may wind up w/most or all of it https://t.co/NKtIc3DV9p
— Josh Gerstein (@joshgerstein) February 26, 2021