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Tuesday November 21st, 2017 8:47AM

Cement company in France searched amid Syria investigation

By The Associated Press

PARIS (AP) — French investigators are searching the French offices of LafargeHolcim, the world's largest cement maker, as part of an investigation into the group's deals with armed groups in Syria.

The Swiss-French cement maker confirmed Tuesday's search at its Paris offices. The company has acknowledged funneling money to Syrian armed organizations in 2013 and 2014 — allegedly including the Islamic State group — to guarantee safe passage for employees and supply its multimillion-dollar plant there. Then as now, there were international sanctions against the Islamic State group and the al-Qaida-linked Nusra Front, which are U.N.-designated terror groups.

The CEO resigned in April after the company acknowledged dealings with unspecified "sanctioned" groups.

After pulling out international staff in 2012, the plant was fully evacuated and stopped operating in September 2014.

  • Associated Categories: Associated Press (AP), AP World News, AP Business, AP Business - Corporate News
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