Former President Donald Trump attorney Alina Habba Mildon has lost a lucrative $50 million contract with the family of pardoned Venezuelan banker Julio Herrera Velutini, just days after Trump publicly criticized the arrangement as “obnoxious and outrageous.”
Habba Mildon was dismissed by Concord Partners, a Florida-based company founded by Herrera Velutini’s daughter, according to a November 4 termination letter obtained by The New York Times. The company reportedly cited a “failure to perform duties” as the reason for ending her appointment.
The agreement had guaranteed Habba Mildon more than $50 million over four years in exchange for serving as the company’s general counsel. However, the arrangement came under increased scrutiny after Trump voiced his displeasure over the substantial financial commitment.
According to a person close to the Herrera family, Habba Mildon’s professional priorities appeared to change after she began a relationship with Turkish investor Turhan Mildon. The couple married in September, adding another dimension to the circumstances surrounding her departure.
Despite losing the contract, Habba Mildon is reportedly permitted to retain the $8 million signing bonus, along with an additional $6.5 million in payments she had already received. This brings the total amount she is expected to keep to approximately $14.5 million.
The development marks a significant turn in the former Trump lawyer’s professional career, particularly given the scale of the agreement and the public attention surrounding the president’s criticism.
While the circumstances behind her dismissal have attracted considerable attention, Concord Partners’ stated reason remains its reported dissatisfaction with her performance of contractual responsibilities.
