President Donald Trump's former lawyer, Michael Cohen, admitted Thursday he had lied to Congress about a Moscow real estate deal he had pursued on Trump's behalf during the heat of the 2016 presidential campaign.

The guilty plea makes clear that prosecutors believe that Trump, who insisted repeatedly throughout the campaign that he had no business dealings in Russia, was continuing to pursue the project weeks after he had clinched the Republican nomination for president and well after he or his associates have publicly acknowledged.

The negotiations about building a Trump Tower in Moscow continued as late as June 2016 - the same month Trump's oldest son met in Manhattan with a Kremlin-connected lawyer - even though Cohen told two congressional committees last year that they ended that January.

"Cohen lied about the extent of his conversations not only with people in the Trump Organization about this deal, but that they went on a lot longer further into the campaign than we previously knew," explains AP reporter Chad Day.

Cohen also discussed the proposal with Trump on multiple occasions and with unidentified members of the president's family, according to court papers filed by special counsel Robert Mueller, who is investigating Russian interference in the presidential election and possible coordination with the Trump campaign.

Prosecutors say Cohen is cooperating with Mueller and has met with his team seven times.

"What this shows is that he has been providing a significant amount of information to their investigation, that they do consider it to be material to what they're investigating and pursuing. And so I think that we're just scratching the surface right now about what Michael Cohen may have told them," Day says.

ASSOCIATED PRESS

New York - 29 November 2018

1. Michael Cohen and his attorney walk down steps of courthouse after guilty plea

ELIZABETH WILLIAMS - MUST CREDIT ELIZABETH WILLIAMS

New York - 29 November 2018

2. Sketch of Michael Cohen sitting in court

ASSOCIATED PRESS

Washington - 29 November 2018

3. SOUNDBITE (English) Chad Day, Associated Press:

"What happened today is that Michael Cohen, President Donald Trump's former fixer and longtime attorney, appeared in a courtroom in New York and pleaded guilty to lying to Congress about the extent of a Russia, a deal that the president's company, the Trump organization, was planning to do to build a Trump Tower Moscow during the 2016 presidential campaign."

ASSOCIATED PRESS

New York - 29 November 2018

4. Michael Cohen and his attorney walk down steps of courthouse after guilty plea

POOL

Fletcher, North Carolina - 21 October 2016

5. Donald Trump walks into campaign rally

ASSOCIATED PRESS

Washington - 29 November 2018

6. SOUNDBITE (English) Chad Day, Associated Press:

"Cohen lied about the extent of his conversations not only with people in the Trump Organization about this deal, but that they went on a lot longer further into the campaign than we previously knew. He also, what we learned from the court papers is that he actually personally discussed this deal with the president, who was then a candidate at the time and also briefed his family members about it. So what we're getting from these new court documents is a much more vivid picture of how far along this deal went and who knew about the deal while they were also doing, you know carrying out the presidential campaign."

7. President Donald Trump walks out to talk to reporters before leaving for Argentina

ASSOCIATED PRESS

New York - 21 September 2018

8. Michael Cohen walks out of court with his lawyer

ASSOCIATED PRESS

Washington - 29 November 2018

9. SOUNDBITE (English) Chad Day, Associated Press:

"The president is acknowledging that this was a deal and we've known that there was a deal. Michael Cohen disclosed that this deal existed and that there were talks about this building that would go, that would be built in Russia. But the new part of this is that the president's personal involvement in it and how much he knew and when. And also, you know if we're looking at kind of going forward that Michael Cohen has cooperated extensively with the special counsel investigation. One big issue now for the president is that he recently provided written statements to questions about his interactions with Russia, his campaign's interaction with Russia that could have touched on this subject. We don't know for sure but if there's any inconsistency between what Mueller says is true in these court papers based on their evidence and what the president says that could be a problem for him."

10. President Trump walks away from talking to press, waits for First Lady Melania Trump on South Lawn

11 . SOUNDBITE (English) Chad Day, Associated Press:

"What we knew about Michael Cohen before is that he had pleaded guilty to a number of different crimes including campaign finance violations related to hush money payments that have been paid on the president's behalf to former Playboy model and also Stormy Daniels, a porn star. And so this is now kind of connecting that Cohen case which previously didn't have a Russia connection to the special counsel's investigation. And so what this shows is that he has been providing a significant amount of information to their investigation, that they do consider it to be material to what they're investigating and pursuing. And so I think that we're just scratching the surface right now about what Michael Cohen may have told them."

ASSOCIATED PRESS

New York - 2 July 2018

11. Michael Cohen walking down the street in New York

ASSOCIATED PRESS

Washington - 29 November 2018

12. SOUNDBITE (English) Chad Day, Associated Press:

"It's really hard to tell now kind of where this goes. What, what we're able to see is that this is a very active part of their investigation, that you know, it's not just about Paul Manafort and his business deals. It's not just about Michael Flynn and lies that he may have told or that he did tell during, about his interactions with Russia. That there is a very active investigation, a criminal investigation into whether or not there was contact between Trump associates and Russians during the 2016 campaign. And while this doesn't have anything directly to do with collusion or any question of that, this does show that someone who was a high placed official at the Trump organization, very close to the president, was discussing a business deal with even officials in the Kremlin during the time where the president was you know, leading a very public campaign for office."

ASSOCIATED PRESS

New York - 29 November 2018

13. Michael Cohen and his attorney walk down steps of courthouse after guilty plea and toward press

ASSOCIATED PRESS

Washington DC - 23 May 2017

14. Paul Manafort, gets out of car and walks into US District courthouse

POOL

Washington, DC - 20 January, 2017

15. Michael Flynn arrives at inauguration

ASSOCIATED PRESS

New York - July 2018

16. Trump Tower exteriors

ASSOCIATED PRESS

New York - 30 May, 2018

17. Michael Cohen walks toward courthouse

ASSOCIATED PRESS

Cleveland, Ohio - 21 July 2016

18. Paul Manafort with President Donald Trump at the RNC rehearsal