Trump inauguration committee chair to be released on $250M bail

Los Angeles, Jul 23 (AP) Former President Donald Trump’s inaugural committee chairman, who is facing charges, has secretly acted as a United Arab Emirates agent to influence Trump’s foreign policy. He was ordered to be released from prison on Friday on $250 million bail.

Tom Barrack, 74, who was arrested Tuesday in Los Angeles, where he lives, appeared in federal court in Brooklyn, New York, for plotting to influence US policy on behalf of the United Arab Emirates during Trump’s 2016 campaign. Three people were involved in the charge and when he was president. .

Prosecutors said Barracks, who founded private equity firm Colony Capital, used his long personal friendship with Trump to benefit the United Arab Emirates without disclosing his ties to the US government.

US Magistrate Judge Patricia Donahue in Los Angeles federal court ordered stricter conditions for Barracks’ release. He will have to surrender his passport, wear a GPS-monitor to track his whereabouts, limit travel between Southern California and New York City, and follow a 10 p.m. to 6 a.m. curfew.

Barracks has been charged with conspiracy, obstruction of justice and making multiple false statements during a June 2019 interview with federal agents. Matthew Grimes, 27, a former executive at Barrack’s company from Aspen, Colorado, and Rashid Al Malik, 43, a United Arab Emirates businessman who said prosecutors had acted as a conduit for that country’s rulers , he was also charged with a seven-count indictment. .

Grimes was ordered to be released on $5 million bail.

Barracks has not filed a plea in the case, but a spokesman said he would plead not guilty.

Barracks is one of the former president’s aides facing criminal charges, including his former campaign chairman, his former deputy campaign chairman, his former chief strategist, his former national security adviser, his former personal lawyer, and his company’s longtime boss. Includes Chief Financial Officer.

Barracks raised $107 million for Trump’s inauguration ceremony, which was investigated for its lavish spending and attracting the many foreign officials and businessmen lobbying the new administration.

Barracks and Grimes were ordered to appear in Brooklyn federal court on Monday. (ap) Rs rs

(This story has been published as part of an auto-generated Syndicate wire feed. Headline or body have not been edited by ABP Live.)

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