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May 24, 2019

Banker Accused of Bribing Paul Manafort to Win Trump Administration Post
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An associate of Donald Trump's former campaign chair Paul Manafort was
indicted Thursday on bribery charges. New York City prosecutors say
Stephen Calk, the former chair and CEO of Federal Savings Bank in
Chicago, approved $16 million in high-risk loans to Manafort in an
effort to win a senior position in the Trump administration. Prosecutors
say that after receiving the loans, Manafort made at least two calls to
Trump's transition team in late 2016 asking for Calk to be appointed
secretary of the Army. Calk faces up to 30 years in prison; he pleaded
not guilty at an arraignment in a Manhattan court on Thursday.


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