French cement company fined over $1.2 billion for terror group payments

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The company admitted to paying over a billion dollars in exchange for permission to keep a plant in Syria running. 9News

in exchange for permission to keep open a plant in Syria, a case the US Justice Department described as the first of its kind. The company also agreed to penalties totaling roughly US$778 million .

The company's actions occurred before it merged with Swiss company Holcim to form the world's largest cement maker.French cement company Lafarge has admitted to paying over a billion dollars to ISIS to keep a plant in Syria running. "The defendants routed nearly $US6 million in illicit payments to two of the world's most notorious terrorist organizations — ISIS and al-Nusrah Front in Syria — at a time those groups were brutalising innocent civilians in Syria and actively plotting to harm Americans," US Assistant Attorney General Matthew Olsen, the Justice Department's top national security official, said in a statement.

The charges were announced by federal prosecutors in New York City and by senior Justice Department leaders from Washington. The Justice Department described it as the first instance in which a company has pleaded guilty to conspiring to provide material support to a foreign terrorist organisation.

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OMGTheMess Paying money to terrorists may work in the short term, but as a long term plan, it is short-sighted, dangerous and moronic.

Just like they in past paying Vikings to stop raping and pillaging

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