How Cement company Lafarge, funded ISIS - US
After admitting guilt to paying terrorists in order to continue operating in Syria, Lafarge, a French cement corporation, was fined $778 million by the Brooklyn office of the US justice department.
This is the first instance in which a business has admitted guilt to allegations of giving material support to a terrorist group.
In 2015, Lafarge merged with the Swiss-listed Holcim.
According to Reuters, the corporation entered a guilty plea and agreed to forfeit and pay fines totaling $778 million before the federal court in Brooklyn, New York.
The Paris-based Lafarge pleaded guilty to one count of conspiring to give material assistance to recognized foreign terrorist organizations between August 2013 and October 2014 in accordance with the conditions of the plea deal with the justice department.
Breon Peace, a U.S. attorney, claimed in a statement that Lafarge Cement Syria executives purchased supplies for their cement plant in the Jalabiyeh region of northern Syria from companies under the control of ISIS and made monthly "donations" to both organizations so that workers, clients, and suppliers could pass through checkpoints around the plant.
According to Peace, the business also paid the Islamic State and al Nusra Front $5.92 million in 2013 and 2014 via middlemen to permit personnel, clients, and suppliers to pass through checkpoints after civil war broke out in Syria.©Standard Gazette, 2021. Unauthorized use and/or duplication of this material without express and written permission from this site’s publisher is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Standard Gazette with appropriate and specific direction to the original content.