Ex-Lafarge CEO Jailed Six-Years for Syria Terrorist Payments
Lafarge’s former chief executive was jailed for six years and the Holcim Ltd. subsidiary was fined nearly €5.7 million ($6.7 million) after being found guilty of paying terrorist groups to avoid shutting a plant during Syria’s civil war.
A Paris court on Monday convicted the cement maker and its former CEO Bruno Lafont for violating European sanctions and terrorism financing. Lafont was taken away by police officers and must start serving his prison term immediately. His lawyer said he’s appealing.