The China Mail - Serbian President blames 'witch hunt' for ditched Kushner hotel plan

USD -
AED 3.672503
AFN 64.000243
ALL 82.179817
AMD 366.809024
ANG 1.790403
AOA 917.508989
ARS 1489.045496
AUD 1.44011
AWG 1.8025
AZN 1.744655
BAM 1.708115
BBD 2.007127
BDT 122.872826
BGN 1.69088
BHD 0.375698
BIF 2974.122497
BMD 1
BND 1.289246
BOB 6.90125
BRL 5.205903
BSD 0.996463
BTN 95.116786
BWP 13.513879
BYN 2.891003
BYR 19600
BZD 2.004201
CAD 1.41645
CDF 2246.00013
CHF 0.80183
CLF 0.023489
CLP 924.460245
CNY 6.789103
CNH 6.782085
COP 3369.75
CRC 453.535137
CUC 1
CUP 26.5
CVE 96.300469
CZK 21.122299
DJF 177.450766
DKK 6.52649
DOP 59.257383
DZD 133.324602
EGP 49.130301
ERN 15
ETB 160.846023
EUR 0.87316
FJD 2.26045
FKP 0.748405
GBP 0.748075
GEL 2.634974
GGP 0.748405
GHS 11.336146
GIP 0.748405
GMD 72.509698
GNF 8739.203717
GTQ 7.602487
GYD 208.452328
HKD 7.842704
HNL 26.670859
HRK 6.579598
HTG 130.341946
HUF 309.008502
IDR 17954
ILS 2.988905
IMP 0.748405
INR 95.305502
IQD 1305.502183
IRR 1375950.000137
ISK 125.690056
JEP 0.748405
JMD 156.515284
JOD 0.708967
JPY 161.047029
KES 129.109753
KGS 87.44961
KHR 4000.646252
KMF 430.999867
KPW 900.00035
KRW 1535.395006
KWD 0.30528
KYD 0.83048
KZT 473.187773
LAK 22352.838428
LBP 89237.359557
LKR 334.489083
LRD 180.866254
LSL 16.313245
LTL 2.95274
LVL 0.60489
LYD 6.400594
MAD 9.33887
MDL 17.648369
MGA 4233.02141
MKD 53.829731
MMK 2099.007472
MNT 3581.506613
MOP 8.051092
MRU 39.779227
MUR 47.050448
MVR 15.459805
MWK 1728.054356
MXN 17.42685
MYR 4.068029
MZN 63.91007
NAD 16.313886
NGN 1369.039911
NIO 36.670247
NOK 9.808265
NPR 152.173078
NZD 1.74805
OMR 0.384492
PAB 0.996498
PEN 3.406273
PGK 4.378772
PHP 61.453501
PKR 277.100563
PLN 3.741515
PYG 6055.630758
QAR 3.632632
RON 4.569602
RSD 102.489944
RUB 77.503067
RWF 1460.960699
SAR 3.752093
SBD 8.058541
SCR 13.975115
SDG 600.49726
SEK 9.64623
SGD 1.290385
SHP 0.746601
SLE 24.349826
SLL 20969.503664
SOS 569.519651
SRD 37.647009
STD 20697.981008
STN 21.396072
SVC 8.719651
SYP 110.532098
SZL 16.312379
THB 33.160185
TJS 9.217991
TMT 3.51
TND 2.948184
TOP 2.40776
TRY 46.803195
TTD 6.760699
TWD 31.939601
TZS 2627.502979
UAH 44.665668
UGX 3652.369848
UYU 39.999301
UZS 11871.56388
VES 638.90327
VND 26302.5
VUV 120.218934
WST 2.778557
XAF 572.863194
XAG 0.016042
XAU 0.00024
XCD 2.70255
XCG 1.795983
XDR 0.712461
XOF 572.863194
XPF 104.15675
YER 237.049692
ZAR 16.201855
ZMK 9001.198339
ZMW 18.161255
ZWL 321.999592
  • CMSC

    0.0400

    21.99

    +0.18%

  • NGG

    2.6700

    82.85

    +3.22%

  • JRI

    0.0600

    13

    +0.46%

  • BCC

    0.4500

    75.93

    +0.59%

  • CMSD

    -0.0300

    22.15

    -0.14%

  • RELX

    0.5500

    31.93

    +1.72%

  • RBGPF

    2.5400

    68.15

    +3.73%

  • RIO

    1.0700

    94.42

    +1.13%

  • RYCEF

    0.5400

    19.68

    +2.74%

  • VOD

    0.1400

    13.15

    +1.06%

  • BCE

    0.4000

    21.42

    +1.87%

  • GSK

    2.3600

    53.66

    +4.4%

  • AZN

    11.2900

    195.15

    +5.79%

  • BTI

    1.2100

    61.77

    +1.96%

  • BP

    1.2500

    37.4

    +3.34%

Serbian President blames 'witch hunt' for ditched Kushner hotel plan
Serbian President blames 'witch hunt' for ditched Kushner hotel plan / Photo: © AFP

Serbian President blames 'witch hunt' for ditched Kushner hotel plan

Plans to build a hotel on the site of Belgrade's bombed-out Yugoslav army headquarters have been dumped, the country's President said Tuesday, blaming a "witch hunt" for scaring away the investment firm linked to Donald Trump's son-in-law.

Text size:

Affinity Partners, a Miami-based firm associated with Jared Kushner, confirmed to AFP that it is pulling out of the planned project, which has been mired in corruption allegations and public opposition for months.

"Because meaningful projects should unite rather than divide, and out of respect for the people of Serbia and the City of Belgrade, we are withdrawing our application and stepping aside at this time," the statement, first reported in the Wall Street Journal, said.

The announcement came after Serbian Culture Minister Nikola Selakovic and three others were indicted over alleged abuse of office and forgery of an official document that had allowed the removal of the site's "cultural-heritage status".

- 'A destroyed building' -

Plans to transform the former Yugoslav army headquarters in Belgrade into a high-rise hotel first stalled in May when allegations emerged that the move to revoke the building's protected status had been based on a forged document.

The allegations re-ignited protests against the development, with demonstrators calling for the towering ruins to be preserved both for their unique modernist architecture and as a memorial to mark the 1999 NATO bombing that left the building damaged.

Vucic, who has faced widespread anti-government protests for over a year, blamed a "witch-hunt conducted against the investor, and against any kind of change" for scuppering the project worth "at least 750 million euros" ($880 million).

He also regularly criticised the investigation into the development and promised retribution against people he said had ruined the deal.

"We will now be left with a destroyed building, and it is only a matter of time before bricks and other parts start falling off it, because no one will ever touch it again," he said.

Protests against Serbia's right-wing government began in November last year after the fatal collapse of a railwaystation roof, which have morphed into calls for snap elections.

- Stalled vision -

Affinity Partners signed a 99-year land deal with the Serbian government last year to redevelop the site shortly after its cultural asset status was revoked.

"Our vision for the Belgrade project was to offer an elegant, uplifting design that honoured Serbia's progress," a spokesman for the firm said.

Kushner, who has been Vucic's guest on several occasions, previously shared images of the planned project on social media, showing two glowing towers on the site.

The brutalist buildings, which largely remain on the site despite significant damage, were completed in 1965 and granted protected status in 2005.

They were designed as an homage to the Sutjeska River canyon, where the Partisans won a decisive battle against German forces in 1943.

The site has remained unrestored since it was repeatedly bombed in 1999 during NATO's air campaign that ended the Kosovo war.

H.Ng--ThChM