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Funding terrorism: French industrial giant admits deals with ‘armed groups’ in Syria

Lynsey_ADMIN_Lynsey_ADMIN_ Administrator
French building materials giant Lafarge admitted that it provided funds to “certain armed groups” and “sanctioned parties” in Syria when it faced operational and security challenges. The company called the measures “unacceptable.”

In a statement, LafargeHolcim (created after Lafarge merged with the Swiss company Holcim in 2015) said it was reacting to the allegations involving Lafarge.

In June 2016, Le Monde published the results of its investigation which claimed Lafarge paid taxes to Islamic State (IS, formerly ISIS/ISIL) in 2013-2014 to continue operations in northern Syria. 

Following an internal inquiry, the company announced that “different armed factions controlled or sought to control” territories around its plant, posing “very difficult challenges for the security and operations of the plant and its employees.” This included “threats to safety” of the workers as well as the disruption of supplies.

“It appears from the investigation that the local company provided funds to third parties to work out arrangements with a number of these armed groups, including sanctioned parties, in order to maintain operations and ensure safe passage of employees and supplies to and from the plant,” the announcement by LafargeHolcim reads. 

The company, however, noted that it could not establish the “ultimate recipients” of the funds. All money transactions were made between 2013 and September 2014, when the plant was evacuated.

https://www.rt.com/news/379228-french-company-armed-groups-syria/


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