French cement giant guilty of financing militant groups including Islamic State
Eight ex-Lafarge employees were also found guilty of financing terrorism, including former CEO Bruno Lafont who was jailed for six years on Monday. Kenya breaking news | Kenya news today |..
✨ Key Highlights
French cement giant Lafarge has been found guilty in a Paris court of financing terrorism by paying millions of dollars to militant groups, including the Islamic State (IS), to maintain operations at its Syrian plant during the civil war.
- Lafarge paid approximately $6.5m to groups between 2013 and 2014, including IS and the Nusra Front.
- Eight ex-Lafarge employees, including former CEO Bruno Lafont (jailed for six years), were also found guilty of financing terrorism.
- The court stated these payments allowed proscribed organisations to fund attacks across the Middle East and Europe and called the payments a "genuine commercial partnership with IS".
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