The Manafort indictment unsealed

https://www.nytimes.com/2018/02/22/us/politics/paul-manafort-new-charges-mueller.html

Manafort and Gates laundered 10′s of millions…. promised the owner of a bank Trump would make him secretary of the Army in return for a 16 million dollar loan…

The court records paint an unflattering portrait of the man who ran Mr. Trump’s presidential campaign from June to August of 2016, as the candidate secured the Republican nomination and moved into the general election against Hillary Clinton. Prosecutors say he concealed years of lobbying for the pro-Russia government in Ukraine and never properly registered with the United States government for that work. In the process, they say, he laundered millions of dollars in proceeds and misled investigators about how he received those funds.

He and Mr. Gates shielded millions of dollars from American tax authorities, court papers show, by moving the funds through foreign bank accounts around the world: in Cyprus, the Seychelles, and Saint Vincent and the Grenadines.

“Manafort and Gates hid the existence and ownership of the foreign companies and bank accounts, falsely and repeatedly reporting to their tax preparers and to the United States that they had no foreign bank accounts,” the indictment said.

Two of the largest loans totaled $16 million and were made by one bank. The bank is not identified in the indictment, but the description fits what The New York Times reported last year about loans to a company connected to Mr. Manafort called Summerbreeze L.L.C., which borrowed millions from Federal Savings Bank of Chicago, headed by Stephen M. Calk, an economic adviser to Mr. Trump at the time.

https://www.vox.com/policy-and-politics/2018/2/21/17036634/paul-manafort-sealed-charges

Manafort’s post-election loans have long seemed curious. An excellent report by the New York Times’s Mike McIntire from nearly a year ago laid out the timeline:

On August 19, 2016, Manafort left the Trump campaign, after being pushed out.
That same day, Manafort filed papers to create a new shell company: Summerbreeze LLC.
In September 2016, Summerbreeze got a $3.5 million loan from Spruce Capital, a New York investment firm whose co-founder has developed Trump hotel projects and that is financially backed by a Ukrainian billionaire. (Manafort’s home in the Hamptons was the collateral.)
After Trump won the election, in late 2016, Summerbeeze got another $9.5 million loan from the Federal Savings Bank of Chicago. And in January 2017, that same bank loaned Manafort $6.5 million more. (All these were, again, collateralized by Manafort’s properties.)
Those last loans seemed particularly odd because, per the Times, the Federal Savings Bank of Chicago “focuses on affordable mortgages for military veterans,” and the loan to Manafort amounted to more than 5 percent of its total assets. Furthermore, the bank’s head, Stephen Calk, was part of Trump’s economic advisory council during the campaign — raising questions of impropriety.

Now, NBC’s Winter and Jackson add the news that Mueller’s team is examining whether Manafort had promised Calk a Trump administration job in return for those loans. He didn’t end up getting any job. The Wall Street Journal has reported that Calk hoped to become Secretary of the Army.