• Contact Us
  • About Us
Monday, July 28, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Cement giant Lafarge charged with funding terrorists, ISIS

metro by metro
June 28, 2018
in News
0
0
SHARES
0
VIEWS

French cement giant Lafarge was charged Thursday with complicity in crimes against humanity and financing a terrorist organisation for paying millions to jihadist groups, including the Islamic State, to keep a factory in Syria open during the war.

A legal source said the company, which paid the armed groups through middlemen, has also been charged with endangering the lives of former employees at the cement plant in Jalabiya, northern Syria.

Read Also

Cameroon Election Board Bars Kamto, Key Contender to Paul Biya

France To Recognise Palestinian State In September, Macron Says

Coalition Leaders Will Support Whoever Emerges As ADC Presidential Candidate- Amaechi

French rights group Sherpa, one of the plaintiffs in the case, said it was the first time that a company anywhere in the world had been charged with complicity in crimes against humanity.

Lafarge
Lafarge

The allegations against Lafarge, which merged with Swiss firm Holcim in 2015, are the most serious against a French company in years.

Lafarge was ordered to hand over 30 million euros ($35 million) to authorities as a security deposit ahead of the trial.

Eight Lafarge executives, including former CEO Bruno Laffont, have already been charged with financing a terrorist group and/or endangering the lives of others over Lafarge’s activities in Syria between 2011 and 2015.

Lafarge is suspected of paying nearly 13 million euros ($16 million) to IS and other militant groups to keep the Jalabiya plant running long after other French companies had pulled out of Syria.

Sherpa hailed the decision to charge the company, saying it was “a decisive step in the fight against the impunity of multinationals operating in armed conflict zones”.

Tags: ISISLafarge
Previous Post

Reps turn their searchlight on DISCOs excessive charges

Next Post

N147bn June remittance to FAAC agreement with governors – NNPC

Related Posts

Sad As Cameroon’s Biya, 92, Announces Bid For Eighth Presidential Term 
News

Cameroon Election Board Bars Kamto, Key Contender to Paul Biya

July 26, 2025
France To Recognise Palestinian State In September, Macron Says
News

France To Recognise Palestinian State In September, Macron Says

July 24, 2025
Coalition Leaders Will Support Whoever Emerges As ADC Presidential Candidate- Amaechi
News

Coalition Leaders Will Support Whoever Emerges As ADC Presidential Candidate- Amaechi

July 23, 2025
NiMet Predicts Three Days Of Heavy Rainfall In Ogun, Five Other States
News

Lagos, Kogi, Borno, 25 Others & Abuja Get Fresh 2 Weeks Flood Alert From NIHSA

July 22, 2025
Next Post

N147bn June remittance to FAAC agreement with governors – NNPC

refinery

Oil Rises As US-EU Deal Lifts Trade Optimism

July 28, 2025
China Releases AI Action Plan Days After U.S. As Global Tech Race Heats Up

China Releases AI Action Plan Days After U.S. As Global Tech Race Heats Up

July 26, 2025
Sad As Cameroon’s Biya, 92, Announces Bid For Eighth Presidential Term 

Cameroon Election Board Bars Kamto, Key Contender to Paul Biya

July 26, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version