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Tribune News Service
Tribune News Service
Business
John Annese

Lafarge cement company paid ISIS to run plant in Syria, will pay $778 million in fines

A major international cement company will has pleaded guilty in Brooklyn Federal Court to giving financial support to ISIS, will forfeit $687 million and pay the U.S. government nearly $91 million in fines, prosecutors said.

France-based cement giant Lafarge built a $680 million factory in Syria, and after ISIS and the Al Nusrah Front took control of several territories during the the Syrian civil war, the company paid the terrorist groups millions in protection money to get employees and supplies to the plant safely.

The companies, Lafarge SA and Lafarge Cement Syria, or LCS, pleaded guilty to conspiracy to provide material support to foreign terrorist organizations before Brooklyn Federal Court Judge William Kuntz on Tuesday morning.

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