The former Minneapolis police officer seen in the viral video kneeling on the neck of George Floyd before his death in police custody posted $1 million bond and was released Wednesday.
H/T: Fox News
The Hennepin County Sheriff’s Office posted a notice of release indicating Chauvin paid a $1 million bond and was required by law to show in court on March 8, 2021, at 9 a.m. A court document signed by A-Affordable Bail Bonds of Brainerd, Minn., also showed Chauvin paid the non-cash bond on Wednesday.
Derek Chauvin has posted bail as he awaits trial in the George Floyd murder case.— Lou Raguse (@LouRaguse) October 7, 2020
$1,000,000 non-cash bond.
I have confirmed Chauvin’s Oakdale home sold on 8/28 well below list price.
The fact that the house belonged to Chauvin was well-disclosed to the buyer, and the buyer had to sign a disclosure that they realize the publicity of the George Floyd case could "affect one's use and— Lou Raguse (@LouRaguse) October 7, 2020
enjoyment of the property." The buyer got to keep all the surveillance cams
Chauvin used a bond. That means he didn't need $1mil cash. Traditionally bond companies might ask for 10%, not sure if other collateral is used, but that part of the information I believe is private data.— Lou Raguse (@LouRaguse) October 7, 2020