The company also agreed to penalties totalling about $778m (£688m).Prosecutors
The company’s actions occurred before it merged with a Swiss company Holcim, to form the world’s largest cement-making business.
accused Lafarge of turning a blind eye to the conduct of the militant group, making payments to it in 2013 and 2014 as IS occupied a broad swath of Syria and as some of its members were involved in torturing or beheading kidnapped westerners.
Lafarge agrees to $778m fine after pleaded guilty in US trial to conspiring to provide material support to a terrorist organisationThe French cement company Lafarge pleaded guilty on Tuesday to paying millions of dollars to the Islamic State group in exchange for permission to keep open a plant in Syria, in a case the US justice department called the first of its kind.
Source: the guardian
Summary automatically generated by NewSUM A.I. from the following sources:
- U.S.: French cement firm admits to paying Islamic State group (washington times)
- French cement firm admits paying IS nearly $6m to keep Syrian plant open (the guardian)
