Print Mode Enable Media Only

News chronological

1 items before 1151195 (Keyword: "holcim" (~1 currently found))

THENATIONALPULSE (Pulse Wires) - Concrete Giant Found Guilty of Financing ISIS.

French cement giant Lafarge has been convicted of financing terrorism after paying $6.5 million to various jihadist groups, including the Islamic State (ISIS), to maintain operations at its Syrian plant during the civil war. The post Concrete Giant Found Guilty of Financing ISIS. appeared first on The National Pulse .

Lafarge has become the first corporation to be convicted of financing terrorism in France . PULSE POINTS WHAT HAPPENED: French cement giant Lafarge has been convicted of financing terrorism after paying $6.5 million to various jihadist groups, including the Islamic State (ISIS), to maintain operations at its Syrian plant during the civil war. Eight former employees, including ex-CEO Bruno Lafont, were also found guilty, with Lafont sentenced to six years in prison. DETAIL: Lafarge purchased the plant in Jalabiya, northern Syria, in 2008 for $680 million, beginning operations in 2010 just before the Syrian civil war erupted. Payments were made between 2013 and 2014 to secure safe passage and purchase materials from quarries under ISIS…Open