Concord Partners terminates Alina Habba Mildon’s contract

Concord Partners terminated Alina Habba Mildon’s four-year contract, reported to be worth about $50 million, citing a failure to perform duties in a November 4 letter. The termination followed public criticism of the arrangement by President Donald Trump, who said he did not want Habba Mildon paid. The reports do not establish a connection between the contract and a pardon Trump granted to Venezuelan banker Julio Herrera Velutini; Habba Mildon has denied any role in securing it.

The agreement was for Habba Mildon to serve as general counsel at Concord Partners, a Florida-based company founded by Isabela Herrera, Herrera Velutini’s daughter. Reports put the contract’s value at about $50 million over four years, with an annual payment of about $10 million plus bonuses. Habba Mildon had received about $14.5 million, including an $8 million signing bonus and $6.5 million in additional payments.

Habba Mildon signed the agreement in October 2025 and began work at Concord Partners on January 1, 2026, after becoming a senior adviser to then-Attorney General Pam Bondi. Trump pardoned Herrera Velutini on January 15, 2026. Herrera Velutini had reached a plea agreement in August 2025,...