Jared Kushner blasted over new $500 million 'present' from Serbian government

16 May 2024

In Belgrade, Serbia, protesters voiced their displeasure with a real estate deal involving former Trump White House Senior Adviser Jared Kushner, former Trump Administration aide Richard Grenell and the Serbian government.

The project, according to the New York Times' Eric Lipton, calls for a $500 million hotel that would be built on the site the former Yugoslav Ministry of Defense. And it would, Lipton notes, put Kushner "directly into business with a European state as his father-in-law, Donald J. Trump, vies to return to the White House."

"The complex was bombed in 1999 by NATO forces with the backing of the United States during the war Serbia was then waging with Kosovo," Lipton explains. "It is now considered a prime undeveloped real-estate site in the middle of a much-changed city, and Mr. Trump himself had considered building a hotel at the same site in 2013."

The reporter adds, "For Mr. Kushner, who is also planning two luxury hotel projects in neighboring Albania, these deals in the Balkans are among the largest he has made since starting his investment firm, (Affinity Partners)…. Mr. Kushner and his partners plan to build a hotel, retail space and more than 1500 residential units."

But not everyone in Serbia's federal government is happy about the deal, which, according to Lipton, has "drawn criticism from opposition leaders in the Serbian parliament."

Lipton reports, "Protesters blocked traffic in front of the former defense ministry headquarters on Thursday and put up signs questioning the decision, including some that said: 'Stop Giving Army HQ as a Present to American Offshore Companies'…. Some in Serbia object to the plan because of the United States' role in the bombing 25 years ago."

Dragan Jonic is among the Serbian MPs voicing his opposition to the deal.

Meanwhile, in the United States, Rep. Jamie Raskin (D-Maryland) and Rep. Robert Garcia (D-California) are among the Democrats who have been speaking out against Kushner's activities in Europe.

In a March 26 press release, Raskin and Garcia warned, "Jared Kushner is pursuing new foreign business deals, just as Donald Trump becomes the presumptive Republican nominee for the presidency."

Read The New York Times' full report at this link (subscription required).

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