The French giant Lafarge, accused of supporting ISIS, pledges 778 million dollars
World

The French giant Lafarge, accused of supporting ISIS, pledges 778 million dollars

This is the biggest deal ever paid by a private company for supporting a terrorist organization

A heavy sanction was imposed in the United States on the French construction giant Lafarge, a subsidiary of the Swiss listed company Holcim, which pleaded guilty before a New York court of having provided material support to ISIS by keeping a factory in Syria in operation. after the outbreak of the conflict in 2011.

To dismiss the charges, the company pledged to pay a sum of $ 778 million. This is the biggest deal ever paid by a private company for supporting a terrorist organization.

The case concerns the investigations by the US Department of Justice (DoJ) into the activities of Lafarge and its, meanwhile closed, Syrian branch (Lafarge Cement Syria, Lcs). Some executives of the company were targeted by investigators because they would have paid money to ISIS and other armed groups between 2013 and 2014 in order to keep its plant in Jalabiya, in the north of the country, in operation in the midst of the civil war.

“The affair did not involve Holcim, who has never operated in Syria, nor Lafarge’s operations or employees in the United States, and is in stark contrast to everything Holcim stands for,” reads a statement released by the multinational headquartered. in Zug which in 2015 merged with the French group.