A federal grand jury has indicted Manafort and his former business associate Gates on 12 counts related to their lobbying in the US for a Ukrainian political party.
“The indictment contains 12 counts: conspiracy against the United States, conspiracy to launder money, unregistered agent of a foreign principal, false and misleading FARA statements, false statements, and seven counts of failure to file reports of foreign bank and financial accounts,” the federal special counsel said in a statement.
The duo laundered over $18 million through offshore accounts, the indictment says, using the untaxed proceeds to lead lavish lifestyle. They also failed to register as agents of a foreign principal and made false and misleading statements to hide payments received from Ukraine, it said. The crimes they are being accused of date back to between 2006 and 2016.