Monday 11 December 2017

LafargeHolcim’s former boss charged



It’s not just at a local level - where planning applications contain a catalogue of fiction - the question of integrity at LafargeHolcim, the company that owns Aggregate Industries, appears to go right to the top.

We posted again about LafargeHolcim and its involvement in Syria only last month, but matters have already moved on.

Earlier in the year, when it was announced that "LafargeHolcim CEO set to step down over Syria controversy", the FT reported Eric Olsen as saying:
French prosecutors would appear to have a different idea, and rather than bringing back serenity, Bloomberg reported last week "Former LafargeHolcim CEO Charged With Syria Terrorism Funding". According to the FT:
You might expect criminals in the sand trade, according to this article in the Independent:
as sand becomes big business, the sand trade has attracted criminals
You don’t expect them at the top of the world’s largest building materials manufacturer.