Serbia Protests Kushner Deal

Benzinga

Kushner’s Belgrade project faces protests, legal challenges, and corruption allegations after the government removed heritage protections. Critics warn of conflicts of interest.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Jared Kushner's effort to develop a Trump-branded hotel and tower complex

00:06on a former NATO-bombed site in central Belgrade

00:09has triggered protests, legal challenges, and political backlash in Serbia.

00:14The project intersects with his expanding global investment activities

00:18and his informal advisory role to Trump.

00:21The Serbian government moved to strip heritage protections from the site to advance the deal,

00:25prompting allegations of corruption,

00:27a criminal investigation into forged documents,

00:30and street mobilizations by activists and students.

00:34Kushner, whose firm Affinity Partners manages $4.8 billion,

00:37largely backed by Middle Eastern governments,

00:40says the project is a commercial redevelopment with no political ties.

00:44Critics warn of conflicts of interest and erosion of cultural protections.

00:48For all things money, visit Benzinga.com.

00:50with open space right now,

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