Close Menu
21stNews21stNews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Unveiling the Charms of a Traditional Market Experience

    April 19, 2026

    AS FAR Reaches CAF Champions League Finals

    April 18, 2026

    Morocco Absent As World Bank Initiative Targets Global Water Crisis

    April 18, 2026
    Facebook X (Twitter) Instagram
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    Pinterest Facebook LinkedIn
    21stNews21stNews
    • Home
    • Moroccan News
    • Industry & Technologies
    • Financial News
    • Sports
    Subscribe
    21stNews21stNews
    Home»Financial News»French Court Says Cement Maker Lafarge is Guilty of Financing Terrorism in Syria
    Financial News

    French Court Says Cement Maker Lafarge is Guilty of Financing Terrorism in Syria

    By April 13, 20262 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Rabat – A court in Paris said on Monday that cement maker Lafarge is guilty of financing terrorism in Syria.

    France 24 said the company’s former CEO, Bruno Lafont, received a sentence of six years in prison for financing terrorism.

    Former deputy managing director Christian Herrault, meanwhile, received a five-year sentence.

    The case dates back to 2022, when the French company pleaded guilty to US charges of paying bribes to the Islamic State, also known as IS, and other terrorist groups.

    Notably, it admitted to paying material support to IS from August 2013 to 2014.

    Lafrage, according to the court, made nearly $5.6 million in 2013 and 2014 through its subsidiary Lafrage Cement Syria to terrorist groups and intermediaries.

    The payment sought to keep its plant operating in northern Syria.

    The presiding judge, Isabelle Prevost-Desprez, identified the act as a method of financing terrorist organizations, primarily IS.

    The judge said this method “was essential in enabling the terrorist organization to gain control of Syria’s natural resources, allowing it to finance terrorist acts within the region and those planned abroad, particularly in Europe.”

    The judge emphasized that the company created a “genuine commercial partnership” with the IS group.

    The defendants in the case also include five ex-members of operational and security staff, in addition to the Syrian intermediaries, France24 said.

    France’s counter-terrorism prosecutor’s office last year explained that the company was guilty of funding terrorists in pursuit of profit. 

    Lafrage invested more than €680 million in the construction of its plant in Syria, which was completed in 2010.

     

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleFrance Faces Backlash Over Draft Law Targeting Anti-Israel Speech
    Next Article Reports of Two Suicide Attacks in Algeria’s Blida During Pope Leo XIV’s Visit

    Related Posts

    Financial News

    AS FAR Reaches CAF Champions League Finals

    April 18, 2026
    Financial News

    Sundowns Reach CAF Champions League Final as Moroccan Derby Decides Their Opponent

    April 18, 2026
    Financial News

    El Niño Could Return in 2026 and Renew Drought Risks for Morocco

    April 18, 2026
    Top Posts

    How Google Gemini Helps Crypto Traders Filter Signals From Noise

    August 8, 202524 Views

    DeFi Soars with Tokenized Stocks, But User Activity Shifts to NFTs

    August 9, 202522 Views

    DC facing $20 million security funding cut despite Trump complaints of US capital crime

    August 8, 202521 Views
    News Categories
    • AgriFood (188)
    • Financial News (1,822)
    • Industry & Technologies (1,595)
    • Moroccan News (1,871)
    • Sports (1,314)
    Most Popular

    Morocco, US Hold High-Level Defense Talks in Washington

    April 18, 20263 Views

    CAF Spotlights Historic Moroccan Derby as Berkane Chase AS FAR

    April 17, 20263 Views

    U.S.-Morocco Security Partnership Marks 15 Years at Tangier’s American Legation

    April 15, 20263 Views
    Our Picks

    SOL Rallies After Staked ETF Launch But $160 Must Hold

    July 2, 2025

    PJD Condemns US’ Mike Huckabee’s ‘Provocative and Dangerous’ Remarks

    February 23, 2026

    Do They Celebrate Christmas in Morocco? • BEWILDERED IN MOROCCO

    December 31, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • About Us
    • Privacy Policy
    © 2026 21stNews. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version