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LafargeHolcim and Terrorist Financing

newsletter.insightthreatintel.com

LafargeHolcim and Terrorist Financing

ISIL in Syria and other groups

Jessica Davis
Sep 7, 2019
Share this post

LafargeHolcim and Terrorist Financing

newsletter.insightthreatintel.com

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…

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