This cement company gave $777.8 million to ISIS, confessed to crime in court
This cement company gave $777.8 million to ISIS, confessed to crime in court
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Washington: French cement company Lafarge has admitted to funding the notorious terrorist organization Islamic State (ISIS). Lafarge admitted inside the US court that it had given $777.8 million (Rs 64,05,76,63,500) to the terrorist organization to keep the company's plant in Syria operational.

According to reports, the Brooklyn Federal Court on Tuesday (October 18, 2022) found a company guilty of helping terrorists for the first time. Lafarge, launched in 2015 by the Swiss Listed Holcim had accepted the crime and agreed to pay $778 million in fines. According to the US prosecutor, Lafarge paid the equivalent of about $5.92 million (Rs 48,59,28,130) between 2013 and 2014 to the Islamic State and al-Nusra Front through middlemen.

Prosecutors have reported that Lafarge vacated his cement plant in Syria in September 2014 after ISIS attacks escalated. At that time, ISIS had captured the rest of the cement plant and sold it for $3.21 million (26,35,08,480 rupees). Lafarge chief Magali Anderson told a US court on Tuesday that from August 2013 to November 2014, the company's former executives deliberately gave money to different terrorist organizations in Syria. He said that those responsible for this were separated from the company in 2017.

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