• Ar
  • Es
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Feature
  • Videos
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Feature
Videos
Infographs
In Pictures
  1. Home
  2. News
  3. MENA Europe
  4. Lafarge to plead guilty to funding ISIS, pay $700m fine
MENA

Lafarge to plead guilty to funding ISIS, pay $700m fine

  • By Al Mayadeen English
  • Source: Agencies
  • 18 Oct 2022 20:19
  • 1 Shares

CNBC reports that French company Lafarge Cement admitted paying $17 million to fund the terror Islamic State and will pay a fine of more than $700 million.

  • [File: Benoit Tessier/Reuters]
    While no individuals have been charged so far, the investigation is still ongoing. [Photo: Benoit Tessier/Reuters]

Lafarge Cement, the French company that operated in Syria and Iraq, agreed on Tuesday to plead guilty to US federal criminal charges related to the nearly $17 million it paid to fund the terror group ISIS from 2012 to 2014 to keep its plant in Syria going, CNBC reported on Tuesday.  

Consequently, Lafarge agreed to pay a fine of more than $700 million.

While no individuals have been charged so far, the investigation is still ongoing.

Switzerland’s Holcim bought Lafarge in 2015, which French authorities indicted in 2018 on charges of being complicit in crimes again humanity.

The company has been reported in 2021 to have funded ISIS with 13 million euros.

Back at the time, Anadolu Agency revealed that Lafarge not only briefed French intelligence about its support and financing of ISIS and other terror organizations, but it also provided the French government with news and information about northern Syria. The French government, with said information, enabled coordination with ISIS. 

A discussion on the relationship between Lafarge and ISIS was carried out in 2018 - an intelligence officer, code-named AM 02, appeared in court and gave a statement. According to the court transcript, the intelligence officer admitted that Lafarge was his source of information in Syria and that the French secret services took advantage of the cement factory in Syria. He also admitted that Lafarge provided cement to armed groups in Syria between 2012 and 2014, including ISIS and the Nusra Front.

However, despite all this, the French intelligence did not warn the company that this was a criminal act - there has been no sign of condemnation for the sponsor of terrorism. 

Over 30 meetings were carried out between Lafarge and the French domestic, foreign, and military intelligence services between 2013 and 2014 alone.

Read more: Documents Expose Lafarge's Funding of ISIS in Syria, French Government Enabled It
 

  • Syria
  • ISIS
  • Lafarge
  • France

Trending Now

All
Russian, Iranian, Turkish ministers meet, discuss Syria's stability

Russian, Iranian, Turkish ministers meet, discuss Syria's stability

Most Read

Indonesian president Joko Widodo during an interview in Jakarta in 2016 (Reuters)

Widodo urges Indonesia to abandon Visa, MasterCard to be 'independent'

  • Asia
  • 16 Mar
Treasury Secretary Janet Yellen listens to opening remarks before testifying before the Senate Finance Committee about the President's proposed budget request for the fiscal year 2024, Thursday, March 16, 2023, on Capitol Hill in Washington. (AP)

US Debt ceiling ‘must be raised’ ahead of default: Treasury Secretary

  • US & Canada
  • 16 Mar
Rallies held in Washington DC to protest US militarism

Peace rallies held in Washington DC to protest US militarism

  • US & Canada
  • 18 Mar
Poland

Poland may end up 'joining' Ukraine war: Polish Ambassador to France

  • Europe
  • 20 Mar

Read this

All
In this picture released by an official website of the office of the Iranian leader, Leader Ayatollah Ali Khamenei makes a public address at the northeastern city of Mashhad, Iran, March 21, 2023 (Office of the Iranian leader via AP)
Asia

US sparked Ukraine war to expand NATO: Iranian leader Sayyed Khamenei

  • Today
Iraqi Army M1A1 Abrams tanks, purchased from the US, maneuver during a live fire exercise outside Baghdad, Iraq, October 18, 2011 (AP)
Europe

US expediting delivery of M1A1 Abrams tanks, Patriot system to Ukraine

  • 21 Mar
A general view of the illegal Israeli settlement of 'Efrat' in the occupied West Bank, occupied Palestine, January 30, 2023 (AP)
Palestine

'Israel' repeals law that sanctioned four West Bank settlements

  • 21 Mar
Russia, China sign joint statement on deepening strategic partnership
Europe

Russia, China sign joint statement on deepening strategic partnership

  • 21 Mar
Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS