French cement manufacturer Lafarge and eight former executives were found guilty on Monday of financing terrorism in 2013 and 2014, for paying jihadist groups to keep a factory running in the midst of the war in Syria. The company, which has since been merged with Swiss cement manufacturer Holcim group, made payments to three jihadist organisations, including the Islamic State, to the tune of nearly €5.6 million, the Paris Criminal Court established in its judgment. The Court emphasised that the payments had enabled jihadists to "prepare terrorist attacks", notably those of January 2015 in France. +Get the most important news from Switzerland in your inbox "This method of financing terrorist organisations, and primarily the Islamic State, was essential to the terrorist organisation's control over Syria's natural resources, enabling it to finance terrorist acts in the area and planned abroad, particularly in Europe," said the president of the court, Isabelle Prévost-Desprez. The ...
Full story here
Are you the author?
Previous post
See more for
Next post
Tags: Featured,newsletter
Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › Cement firm Lafarge found guilty of financing terrorism in Syria
Previous post
Next post
Cement firm Lafarge found guilty of financing terrorism in Syria
Published on April 13, 2026
Permanent link to this article: https://snbchf.com/2026/04/cement-firm-lafarge-guilty-financing-terrorism-syria/
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: increased by 3.8 billion francs compared to the previous week
11 days ago -
Household wealth in 2025
18 days ago -
Heads up for NZD and CHF traders, RBNZ Gov Breman and SNB Chair Schlegel to speak
2026-04-15 -
Swiss franc appreciation has led to tighter monetary conditions – SNB minutes
2026-04-16 -
SNB’s Chairman Schlegel: A few months of negative inflation wouldn’t be a problem
2026-01-21
Main SNB Background Info
-
SNB Sight Deposits: increased by 3.8 billion francs compared to the previous week
11 days ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
Bitcoin-Schock? Michael Saylor stellt Tabu bei Strategy infrage -
Why reserve managers say price is no longer a deterrent -
Game Over – Verteilungskämpfe – Steuerkrieg – Verträge zu Lasten Dritter -
Why gold, bonds and the dollar are underwhelming investors | The Economist -
5-15-26 What Your Advisor Should Really Do -
Eil: Merz kann nicht mehr öffentlich auftreten! Tumult beim Katholikentag in Würzburg! -
Greenback Breaks Higher, Stocks and Bonds Lower -
The Fed Is Losing Its Biggest Dove -
The Stagflation Narrative: What Doomers Get Wrong – Part II -
Ja Frau Bosetti, wir AfD-Wähler sind zu dumm für die Demokratie. UND JETZT!?
More from this category
Bitcoin-Schock? Michael Saylor stellt Tabu bei Strategy infrage15 May 2026
Greenback Breaks Higher, Stocks and Bonds Lower15 May 2026
The Fed Is Losing Its Biggest Dove15 May 2026
The Stagflation Narrative: What Doomers Get Wrong – Part II15 May 2026
Deutsche Bank Backs Elliptic in US$120M Round to Scale Crypto Compliance Tools15 May 2026
War and drought push Lebanon agriculture to breaking point15 May 2026
- Socialists Are Reaping a Bountiful Political Harvest while They Create Havoc
14 May 2026
- The Job Market Has Only Gotten Worse Since Trump’s “Liberation Day”
14 May 2026
- Today’s AIs Show the Marginal Revolution’s Unfinished Business
14 May 2026
- Socialists Are Reaping a Bountiful Political Harvest while They Create Havoc
14 May 2026
- Help Us Celebrate 40 Years of Mises U!
14 May 2026
- The Command Economy in Green Clothing: Britain’s Contracts for Difference and Their Nazi Predecessors
14 May 2026
US Dollar Threatening to Break Higher14 May 2026
China Trade Summit: Deal Or Delay?14 May 2026
- Feds move to seize private property to build border wall
14 May 2026
- Foreclosure filings across the US have surged 18 percent compared to last year
14 May 2026
- Changes at the Fed: The Trimmed Mean PCE Inflation Rate
14 May 2026
- The Economics of War
13 May 2026
- Progressives and Conservatives Are Wrong About Taxing the Rich
13 May 2026
- Marx Was Wrong About the “Necessary” Ruin of Small Landed Property
13 May 2026














