Albania Freezes Kushner Resort Assets
Albanian authorities have frozen the bank accounts of a landholding company linked to a $4 billion luxury resort project backed by Jared Kushner, amid an escalating crisis. The move by the Special Prosecution Against Corruption and Organized Crime targets Albania Land Development amid an investigation into allegedly fraudulent property titles for beachfront plots in a protected coastal area. This intervention follows mass protests against the project’s environmental impact and recent clashes between residents and private guards, leading to diplomatic friction with Greece and stern warnings from the European Union regarding Albania’s accession bid. Prime Minister Rama condemned the violence but defended the project, asserting that investors are within their rights, while acknowledging the need to investigate fraudulent land ownership.
John Q. Hosedrinker