Habba Loses A $50 Million Concord Partners Contract After Trump Called The Deal Obnoxious And Outrageous

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Concord Partners fired Alina Habba Mildon from a $50 million general-counsel contract after President Trump denounced the deal as outrageous.

The Florida company, established by the family of Venezuelan banker Julio Herrera Velutini, ended her four-year general counsel agreement in a Nov. 4 letter obtained by The New York Times, citing a failure to perform duties. The contract had guaranteed more than $50 million, including $10 million a year plus bonuses, and she will keep an $8 million signing bonus and $6.5 million already paid, the Times reported. A person close to the Herrera family told the newspaper that her priorities appeared to shift after she began a relationship with Turkish investor Turhan Mildon, whom she married in September.

Trump told reporters at Mar-a-Lago on Halloween that he thought the arrangement was totally obnoxious and outrageous, and its not acceptable, and that he had told her, I dont want her paid. Habba Mildon signed the agreement in late October 2025 while serving as acting U.S. attorney for New Jersey and began the Concord work on Jan. 1, 2026, while serving as a senior adviser to Attorney General Pam Bondi.

Trump granted Herrera a full and unconditional pardon on Jan. 15, two weeks later; she has said, Any insinuation that my employment all of which has been vetted and disclosed to the DOJ had anything to do with securing a pardon is false, and a person close to her told the Times she was planning to pursue legal action.