<span>Cement giant Lafarge fined $778 mn for working with Islamic State in Syria</span>

Al-Monitor | Oct 18, 2022 at 5:40 PM
  • French cement giant Lafarge SA was slapped with a $778 million fine Tuesday for making millions in payments to the Islamic State and another jihadist group to build its business in Syria.
  • Lafarge agreed to the fine and to plead guilty to one count of conspiring to provide material support to US-designated foreign terrorist organizations, the first time a corporation has faced the charge.
  • Lafarge “negotiated and made unlawful payments at a time when these groups were gaining territory and brutalizing innocent civilians in Syria and elsewhere and were actively plotting against Americans,” said US Assistant Attorney General Matthew Olsen.