Wednesday, 8 September 2021

Holcim faces fresh criminal charges for financing terrorism

Aggregate Industries’ parent company Holcim is in the news again for all the wrong reasons.

It’s over the company’s involvement in Syria – a subject we have posted about before

France’s top court has rejected the cement giant’s bid to dismiss charges of "complicity in crimes against humanity" for financing terrorism in Syria, overturning a previous ruling. 

The company has been accused of paying millions of euros to Daesh/ISIS to keep its Lafarge operation in Syria running. It is also accused of supplying cement to the terrorist group which "is known to have constructed fortified shelters and tunnel networks against the Coalition powers led by the US." 

In its ruling, the Court of Cassation said
In this case, the knowing payment of several million dollars to an organization whose purpose is exclusively criminal is sufficient to characterize the complicity, regardless of whether the concerned party is acting in pursuit of a commercial activity. 
 

Earlier this year, the company changed its name from LafargeHolcim to Holcim in an effort no doubt to distance itself from controversy over Syria – as well as over Myanmarhuman rights and pollution.