A new report reveals that President Trump's former campaign manager, Paul Manafort, had stronger financial ties to Russian oligarch than previously known.

NBC News reported Friday evening that a $26 million loan was transferred to Cyprus entities linked to Manafort from the Russian oligarch and billionaire, Oleg Deripaska, who has deep connections to the Kremlin.

In August, Manafort was forced to resign from the Trump administration after he found himself at the center of alleged improper financial dealings, later landing him the hot seat of the federal investigation into Russian interference in the 2016 election and possible ties between the Trump campaign and the Kremlin.

With this latest report, Manafort's known business dealings equal about $60 million over the past decade.

A spokesperson for Manafort declined to give NBC News specific comment but claimed he "is not indebted to former clients today, nor was he at the time he began working for the Trump campaign."