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00:00:01
>> The prosecution's star witness starting his second day on the stand in the fraud trial against former Trump campaign manager, Paul Manafort. Gates, laying out a road map on how he and Manafort allegedly dodged US taxes after admitting Monday they committed numerous crimes as business partners. Gates told the court Manafort requested he not tell a bookkeeper about payments made from accounts he held in Cypress.
00:00:24
Testifying that hundreds of emails show Manafort approved payments out of those accounts. Which he said at one point held nearly five million euros. Warrens Stolbold is following this story.>> So the prosecution is trying to show that Manafort ran the show. Gates has already testified. He committed crimes along with Manafort.
00:00:42
So it's a sort of a contest as to how much blame, both the prosecution and the defense can put on either man. And it's a really interesting moment because they worked together for many years and now you have Gates up there on the stand testifying against his former boss.
00:00:54
>> Manafort's attorneys have signaled they will seek to blame Gates and have accused him of embezzling millions of dollars from Manafort. Gates on Monday admitted he stole hundreds of thousands of dollars from Manafort by filing false bank statements. Gates pleaded guilty in February and agreed to cooperate with prosecutors under a deal that could lead to a reduced sentence.
00:01:14
>> Right now it seems like the prosecution is having a fair bit of impact in terms of describing Manafort as the ultimate decision maker on these financial issues. But the defense will have its day.>> Manafort's trial, the first to arise from Special Counsel Robert Mueller's Russia probe, is not about Russian collusion.
00:01:31
But it hangs in the background. The jury has heard how Manafort made tens of millions of dollars working for pro-Russian politicians in Ukraine. Manafort's accountant was asked about a purported $10 million loan from Russian Oligarch Oleg Deripaska. The accountant testified she was unaware that the loan was recognized as income or ever paid back.