Democratic fund-raiser Hassan Nemazee gets house arrest over bank fraud charge

Lombard for News

Hassan Nemazee, a fund-raiser for Hillary Clinton and President Barack Obama, leaving Manhattan Federal Court, after being released on a $25 million bond.

Democratic moneyman Hassan Nemazee was released from the federal lockup in Manhattan Wednesday and headed straight for a swank Park Ave. duplex where he'll be under house arrest.

Sporting the same pink shirt and gray slacks he wore in court Tuesday, Nemazee brushed past reporters and jumped into the back seat of a waiting sedan.

"We're going home," said his lawyer, Marc Mukasey.

Earlier, Nemazee was fitted for an electronic ankle bracelet that will monitor his every move.

A magistrate judge agreed to release Nemazee on a $25 million bond, secured by his $20 million Manhattan apartment and an $8 million estate in Katonah, N.Y.

Nemazee, 59, was hit with a bank-fraud charge for allegedly conning Citibank into giving him a $74 million loan.

He faces 30 years in prison if convicted of forging documents that put his net worth at $500 million.

His ruse was discovered after Citibank tried to verify collateral the financier claimed in seeking the multimillion-dollar loan, prosecutors said.

The feds grabbed Nemazee at Newark Liberty International Airport as he was preparing to board a flight to Rome and grilled him.

The following day he wired Citibank the $74 million to repay the loan, and he was arrested Tuesday.

Nemazee was the finance chair for Secretary of State Clinton's failed 2008 presidential bid and was a major donor to President Obama's campaign.

tzambito@nydailynews.com