A French cement company agreed to pay roughly $778 million in financial penalties after pleading guilty in U.S. federal court on Tuesday to paying off terrorist groups in Syria to keep a plant there operational.
The penalty is the largest settlement paid by a private company for providing support to a terrorist organization, the
Stunning!!!!
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DOJ: French company pleads guilty to paying ISIS terror group to keep plant runningAs part of the plea, the company was ordered to pay nearly $778 million in penalties. Federal authorities said the scheme allowed the company to operate the cement plant for more than a year beginning in 2013, producing about $70 million in revenue.
Source: USATODAY - 🏆 100. / 63 Read more »
French cement company pleads guilty in NYC to supporting terrorismA French cement company has pleaded guilty to paying millions of dollars to the Islamic State group so a plant in Syria could remain open
Source: ABC7NY - 🏆 592. / 51 Read more »
French cement company paid ISIS $17M to protect plant in Syria, Justice Department saysA French cement company has been charged in the U.S. with making $17M in payments to ISIS in exchange for the protection of its plant in Syria, the Justice Dept. says. Lafarge/Holcim defended by saying these criminal acts were against their code of conduct. Well that is good. I'm glad their code of conduct doesn't encourage or endorse crimes. But the company says it was only the act of a few executives. That is bull. Shoulda hired private company like one that guards US embassy Iraq.
Source: NBCNews - 🏆 10. / 86 Read more »