By Helene Fung
Paul Manafort, the former campaign chairman for US President Donald Trump, has been sentenced to 47 months in jail due to tax fraud and bank fraud charges. He’s also been ordered to pay fines of more than US$24 million.
Manafort has hidden earnings he made in the Ukraine from the US Inland Revenue Service.
He’s also inflated his income on bank loan applications, and lied to borrow money to finance an opulent lifestyle.
Interestingly, the sentence was even less than what his defence lawyers sought – somewhere between four and five years.
In comparison, federal guidelines indicate that the charges can lead to up to 24 years imprisonment.
Mr Trump has not ruled out potentially granting a presidential pardon to Manafort.
Manafort was a prominent figure in the Republican party for decades, and had also worked internationally as a political consultant.