LOS ANGELES — The chair of former President Donald Trump’s inaugural committee was ordered freed Friday on $250 million bail to face charges he secretly worked as an agent for the the United Arab Emirates to influence Trump’s foreign policy.
Tom Barrack, 74, will be subject to electronic monitoring and largely confined to his residence after he is arraigned Monday in a New York courtroom. He was arrested Tuesday in Los Angeles near his home.
Barrack is expected to plead not guilty to conspiring to influence US policy on the UAE’s behalf during Trump’s 2016 campaign and while Trump was president. Barrack, the founder of private equity firm Colony Capital, was among three men charged in the case.
Prosecutors said Barrack used his long personal friendship with Trump to benefit the UAE without disclosing his ties to the US government.
US Magistrate Judge Patricia Donahue in Los Angeles ordered strict conditions for Barrack’s release. He must surrender his passport, wear a GPS-monitor to track his whereabouts, limit travel between Southern California and New York City and obey a curfew.