Prosecutors blast 'Manafort’s lies' in closing arguments against ex-Trump campaign chairman

Kushner Agreed To Help Manafort Land Trump Job For Banker, Who Provided Crazy List Of Desired Positions

On Wednesday, Manafort, wearing a blue suit and blue shirt, rose, along with everyone else on the courtroom as jurors took their seats.

Manafort is being tried on 18 counts, which include tax and bank fraud charges, as well the failure to disclose foreign bank accounts.

It's the first trial to emerge from special counsel Robert Mueller's investigation, although the case didn't address allegations of Russian interference in the 2016 election.

Nevertheless, as Brennan testified on Monday, Manafort's loan application was successful "because Mr. Calk wanted it to close".

It is the first case to be tried that is tied to the sprawling investigation by Special Counsel Robert Mueller, which is focused on possible illegal collusion between President Trump's 2016 election campaign and Russian Federation.

Prosecutors say Manafort falsely declared that money to be loans rather than income to keep from paying taxes on it. Manafort's lawyers will then reveal whether he'll put on defense witnesses, and ultimately, whether he'll testify.

The defense also attacked the prosecution's key witness, Manafort's former protégé Rick Gates, who testified that he and Manafort falsified documents presented to banks and the IRS.

But as a result of the ongoing probe, Mueller's legal team says it discovered Manafort hiding millions of dollars in income he received advising Ukrainian politicians.

Kevin Downing, Manafort's lawyer, simply said that "the defense rests".

According to the testimony of John Brennan, a vice president at the Federal Savings Bank, Manafort managed to receive $16 million in loans from the bank around this same time, even though Calk knew that Manafort had been dishonest about the state of his finances.

USA prosecutors on Monday rested their case against Manafort after 10 days of testimony.

Before closing arguments, Ellis ruled against the defense's motion to acquit.

Ellis, in making his ruling, said that the defense made a "significant" argument, but ultimately ruled the question "is an issue for the jury". Gates struck a plea deal with prosecutors and has provided much of the drama of the trial so far.

Prosecutor Andres said he was not asking the jury to like Gates.

Closing arguments for the Paul Manafort trial are set to begin Wednesday morning, Judge T.S. Ellis III said in court Tuesday.

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