French cement giant Lafarge to pay $778 million for support of Syria terror groups

This undated file image posted on a militant website on, January 14, 2014, shows fighters from the al-Qaeda linked Islamic State of Iraq and the Levant (ISIS) marching in Syria. (AP)
This undated file image posted on a militant website on, January 14, 2014, shows fighters from the al-Qaeda linked Islamic State of Iraq and the Levant (ISIS) marching in Syria. (AP)

French cement giant Lafarge SA will pay a $778 million fine to the US Justice Department for supporting terror groups in Syria during the Syrian civil war, Lafarge and its parent Holcim Group announce.

Lafarge SA and its defunct subsidiary Lafarge Cement Syria “have agreed to plead guilty to one count of conspiring to provide material support to designated foreign terrorist organizations in Syria from August 2013 to October 2014,” the companies say in a statement.

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