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Banker gave loans to gain Trump admin post

NEW YORK: A US banker was charged on Thursday with approving millions of dollars in loans to Donald Trump’s 2016 campaign chairman Paul Manafort in expectation of getting a top level position in the new administration.
Stephen Calk, the chairman of Chicago-based Federal Savings Bank, overturned resistance in his bank to lending $16 million to Manafort, who at the time in late 2016 faced losing valuable properties to foreclosure if he could not come up with new financing. (AFP)

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