On 18 October, Global Investigations review and others reported that Lafarge and its Syrian subsidiary pleaded guilty to “unprecedented charges” related to payments it made to terrorist groups to protect a cement plant near the Turkish border. Lafarge is to pay $778 million in a case the DoJ says marks the first time it has charged a company with supporting a terrorist organisation. Swiss construction-material giant Holcim Ltd. acquired Lafarge in 2015, but failed to conduct due diligence on the company’s Syrian operations or investigate the matter before it was publicly disclosed.
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