Published by Global Banking & Finance Review®
Posted on August 1, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleSix people, including a former minister, were arrested over a railway roof collapse in Serbia, sparking major protests against corruption.
BELGRADE (Reuters) -Six people, including a former minister, were arrested on Friday over their involvement in reconstruction of a railway station, whose roof collapsed last November killing 16 and triggering Serbia's biggest anti-government protests in decades.
The office of the prosecutor for organised crime said Tomislav Momirovic, former infrastructure minister, was among those arrested.
The six are suspected of inflating invoices from a consortium of the two Chinese companies - China Railway International Co and China Communications Construction Co - who were given the task of reconstructing both the railway station at Novi Sad and tracks, the statement said.
They are suspected of damaging the state budget by $115.6 million, the statement said, and also said that by inflating invoices the Chinese consortium benefited by $18.8 million, but gave no further details.
In December 11 people, including Momirovic's successor Goran Vesic, were detained on suspicion of committing a criminal act against public safety.
Months of protests across Serbia following the roof collapse, including university shutdowns, have rattled the rule of President Aleksandar Vucic, a former ultranationalist who converted to the cause of European Union membership in 2008.
The protesters, who blame corruption for the disaster, demand early elections that they hope would remove Vucic and his party from power after 13 years.
They accuse Vucic and his allies of ties to organised crime, violence against rivals and curbing media freedoms. Vucic denies the accusations.
(Reporting by Ivana Sekularac; Editing by David Holmes)
Infrastructure financing refers to the funding of large-scale public works projects such as transportation systems, utilities, and buildings. It often involves public-private partnerships and can include various financial instruments.
Public safety is the protection of citizens from crime, disaster, and other hazards. It encompasses law enforcement, emergency services, and disaster preparedness to ensure a safe environment for the community.
Financial stability refers to a condition where the financial system operates effectively, allowing for the smooth functioning of financial markets and institutions, minimizing the risk of financial crises.
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