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Cement Giant Lafarge Fined $778 Mn For Working With Islamic State In Syria

Cement giant Lafarge fined $778 mn for working with Islamic State in Syria

French cement giant Lafarge SA was slapped with a $778 million fine Tuesday for making millions in payments to the Islamic State and another jihadist group to build its business in Syria.

Cement giant Lafarge fined $778 mn for working with Islamic State in Syria - AFR | Online Free Press release news distribution

Cement giant Lafarge fined $778 mn for working with Islamic State in Syria

French cement giant Lafarge SA was slapped with a $778 million fine Tuesday for making millions in payments to the Islamic State and another jihadist group to build its business in Syria.

Cement giant Lafarge fined $778 mn for working with Islamic State in Syria

French cement giant Lafarge SA was slapped with a $778 million fine Tuesday for making millions in payments to the Islamic State and another jihadist group to build its business in Syria.The US Justice Department said the company and its Syrian subsidiary actively sought the Islamic State (IS) group's help to squeeze out competitors when the radical Islamists controlled large parts of Syria and Iraq in 2013-2014, operating an effective "revenue sharing agreement" with them.

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