LafargeHolcim and Terrorist Financing

ISIL in Syria and other groups

This analysis was last updated on 7 September 2021.

The cement giant LafargeHolcim is being investigated and prosecuted for terrorist financing. Lafarge's subsidiary in Syria is suspected of paying roughly $5 million  in protection money to armed groups in Syria in order to keep the Jalabiya cement plant open, with an estimated $500,000 paid to the Islam…