InsighthubNews
  • Home
  • World News
  • Politics
  • Celebrity
  • Environment
  • Business
  • Technology
  • Crypto
  • Sports
  • Gaming
Reading: Serbia passes special bill allowing President Trump’s son-in-law to build luxury complex despite opposition
Share
Font ResizerAa
InsighthubNewsInsighthubNews
Search
  • Home
  • World News
  • Politics
  • Celebrity
  • Environment
  • Business
  • Technology
  • Crypto
  • Sports
  • Gaming
© 2024 All Rights Reserved | Powered by Insighthub News
InsighthubNews > Business > Serbia passes special bill allowing President Trump’s son-in-law to build luxury complex despite opposition
Business

Serbia passes special bill allowing President Trump’s son-in-law to build luxury complex despite opposition

November 7, 2025 5 Min Read
Share
Serbia passes special bill allowing President Trump's son-in-law to build luxury complex despite opposition
SHARE

Serbian lawmakers passed a special law on Friday that clears the way for a controversial real estate project funded by an investment firm linked to President Trump’s son-in-law Jared Kushner, despite widespread public opposition and legal hurdles.

The project aims to redevelop a landmark military complex in central Belgrade, which was partially destroyed in a 1999 NATO bombing campaign, and turn it into a luxury complex with high-rise hotels, offices and shops.

The special bill was approved by a 130-40 majority in the 250-member parliament after several days of heated debate in parliament and street protests by opposition parties.

The Serbian government last year stripped the complex of its protected status and signed a 99-year lease with the US-based Kushner-linked Affinity Global Development, but the project stalled after Serbia’s organized crime prosecutors launched an investigation into whether the documents used to strip it of its status were forged.

President Aleksandar Vučić’s pro-Trump populist government claims the plan will boost both the economy and relations with the current US administration, but the project has faced fierce opposition from experts because of the building’s architectural importance and because it is seen as a symbol of resistance to US-led NATO bombing, widely seen in the Balkans as an unwarranted “invasion”.

The special law, known in Latin as “Lex Specialis,” will allow authorities to proceed with work at the site, including the demolition of the remains of two vast buildings, considered to be prime examples of mid-20th century architecture in the former Yugoslavia.

The bill does not mention details about Mr. Kushner’s company or future development projects.

See also  This Sonoma County town has banned chain businesses. So how did Little Caesars get city approval?

“We are demolishing ruins in order to build,” Milenko Jovanov, a member of the populist Serbian Progressive Party, said in a debate, defending the project.

Critics claim that the special bill weakens Serbia’s legal system. Transparency Serbia, a corruption watchdog, warned that this “combines two of the most dangerous forms of corruption: the legalization of law violations and the adjustment of general rules to the hidden interests of a particular case.”

Vučić claimed that the ongoing judicial investigation was initiated based on demands from abroad to “prevent Serbia from establishing better relations with the Trump administration.”

The $500 million luxury mixed-use project will include a high-rise hotel, luxury apartments, office space and retail. Officials said Mr. Kushner’s company had committed to building a memorial on the site to honor all the victims of the NATO bombing campaign.

As the debate began earlier this week, hundreds of protesters rallied outside Serbia’s parliament building holding banners that read: “Culture is not for sale. We will not abandon the General Staff building.”

Opposition lawmaker Aleksandar Jovanovic said the law was a “crime” that replaced heritage sites with “casinos and jacuzzis”.

Zdravko Ponos, a former commander-in-chief of the Serbian army and now an opposition leader, told ruling party lawmakers: “We will destroy something that is a symbol of our country.”

“The agreement you signed with the most important son-in-law on earth obligated you to tear it down and liquidate it at the expense of Serbian taxpayers,” Ponos said.

Serbia was bombed for 78 days in 1999 to force then-President Slobodan Milosevic to end his crackdown on separatist Albanians in Kosovo. Anti-NATO sentiment in Serbia remains strong to this day, and many feel that the US role in revamping the military command is particularly sensitive.

See also  The web of business profits complements decisions rather than putting Kimmel's future home

Over the past year, Vucic has faced youth-led protests that have undermined his grip on power. Protesters accuse the government of rampant corruption in state projects. The protests began after a concrete canopy collapsed at a train station in the northern city of Novi Sad, which was undergoing renovations, killing 16 people.

On November 1, tens of thousands of people celebrated the anniversary of the tragedy in Novi Sad.

Earlier this year, the government of Albania, another Balkan nation, approved a $1.6 billion plan from Mr. Kushner’s company for an investment off the Adriatic coast that envisions turning a fortified communist-era island into a luxury resort.

Gec writes for The Associated Press.

Share This Article
Twitter Copy Link
Previous Article Antonio Brown arrested in Dubai, charged with attempted murder in Miami Antonio Brown arrested in Dubai, charged with attempted murder in Miami
Next Article Radioactive contamination still plagues San Francisco's Hunter's Point Radioactive contamination still plagues San Francisco’s Hunter’s Point

Latest News

Silver Fox uses fake Microsoft Teams installer to spread ValleyRAT malware in China

Silver Fox uses fake Microsoft Teams installer to spread ValleyRAT malware in China

threat actor known as silver fox In attacks targeting Chinese…

December 4, 2025
Critical RSC bug in React and Next.js allows unauthenticated remote code execution

Critical RSC bug in React and Next.js allows unauthenticated remote code execution

A maximum severity security flaw has been disclosed in React…

December 3, 2025
India orders messaging apps to work only with active SIM cards to prevent fraud and abuse

India orders messaging apps to work only with active SIM cards to prevent fraud and abuse

India's Department of Telecommunications (DoT) has directed app-based telecom service…

December 2, 2025
India orders mobile phone manufacturers to pre-install Sanchar Saathi app to prevent wire fraud

India orders mobile phone manufacturers to pre-install Sanchar Saathi app to prevent wire fraud

India's Ministry of Telecommunications has reportedly asked major mobile device…

December 1, 2025
CISA adds actively exploited XSS bug CVE-2021-26829 in OpenPLC ScadaBR to KEV

CISA adds actively exploited XSS bug CVE-2021-26829 in OpenPLC ScadaBR to KEV

The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has updated…

November 30, 2025

You Might Also Like

Grindr chairman resigns amid plans to take company private
Business

Grindr chairman resigns amid plans to take company private

3 Min Read
Is Silicon Valley correcting the dot-com bubble mistake with AI Frenchy?
Business

Is Silicon Valley correcting the dot-com bubble mistake with AI Frenchy?

9 Min Read
Consumers spend an average of $22 more per month on streaming services. Why do prices keep going up?
Business

Consumers spend an average of $22 more per month on streaming services. Why do prices keep going up?

6 Min Read
The latest addition to Dostash? Thousands of Kroger Grocers
Business

The latest addition to Dostash? Thousands of Kroger Grocers

2 Min Read
InsighthubNews
InsighthubNews

Welcome to InsighthubNews, your reliable source for the latest updates and in-depth insights from around the globe. We are dedicated to bringing you up-to-the-minute news and analysis on the most pressing issues and developments shaping the world today.

  • Home
  • Celebrity
  • Environment
  • Business
  • Crypto
  • Home
  • World News
  • Politics
  • Celebrity
  • Environment
  • Business
  • Technology
  • Crypto
  • Sports
  • Gaming
  • World News
  • Politics
  • Technology
  • Sports
  • Gaming
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
  • About us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service

© 2024 All Rights Reserved | Powered by Insighthub News

Welcome Back!

Sign in to your account

Lost your password?