Connect with us

Hi, what are you looking for?

World

Lafarge Scandal: French Cement Giant Found Guilty of Funding ISIS to Keep Syria Plant Running

A Paris court on Monday convicted French cement maker Lafarge of financing terrorism by paying $6.5 million in protection money to jihadist groups, including Islamic State (IS), to sustain its Syrian plant amid the civil war.

Lafarge Scandal: French Cement Giant Found Guilty of Funding ISIS to Keep Syria Plant Running

Lafarge Scandal

Eight former executives faced charges, with ex-CEO Bruno Lafont jailed for six years, deputy Christian Herrault sentenced to five years, and Syrian staffer Firas Tlass receiving seven years in absentia for handling payments.

Judge Isabelle Prevost-Desprez ruled the funds, disbursed from 2013 to 2014, formed a “genuine commercial partnership” with IS, enabling the group to control Syrian resources and fund attacks across the Middle East and Europe.

Prosecutors detailed €800,000 for safe passage across the Euphrates and €1.6 million for raw materials from IS-held quarries near the Jalabiya factory, bought by Lafarge in 2008 for $680 million.

Nusra Front, al-Qaeda-linked and EU-proscribed, also received payments, the court found.

Lafarge, now under Swiss firm Holcim, accepted the verdict as addressing “legacy conduct” from over a decade ago, violating its code; the company was fined over €1 million.

Herrault defended operations as protecting local workers, but the judge prioritised economic motives.

This marks France’s first corporate terrorism financing trial, following a 2022 US settlement where Lafarge paid $777.8 million. A separate French probe into crimes against humanity continues.

Syria’s war began in 2011 against Bashar al-Assad; IS captured swathes of territory in 2014, proclaiming a “caliphate.”

Loading

Spread the love
Frank
Written By

Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NCC
ad

You May Also Like

News

The Catholic Diocese of Gboko, Benue State, has ordered the suspension of church institutions, including schools and hospitals, in Ihugh, Vandeikya Local Government Area,...

Entertainment

Organisers of The Headies Awards have postponed the 18th edition of the ceremony to April 10 and 11, 2027, in Toronto, Canada. The event...

News

Jeff Bezos, founder of Amazon has emerged as the world’s second-richest person after his net worth increased by $122 billion over the past year,...

News

Spotify on Thursday announced that audiobooks are rolling out to listeners in Nigeria from 14 October. The launch is part of Spotify’s global expansion...