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French company fined $777 million and pleads guilty to paying ISIS as terror group killed Westerners
cnbc.com ^ | Oct 18 20229:54 AM EDT | Eamon Javers & Dan Mangan

Posted on 10/18/2022 12:50:47 PM PDT by thinden

Lafarge SA is pleading guilty and has agreed to pay a fine of $777.8 million to resolve a criminal charge related to the French company’s payments to the terror organization ISIS to keep a plant operating in Syria.

(Excerpt) Read more at cnbc.com ...


TOPICS: Crime/Corruption; News/Current Events
KEYWORDS: fined; isis; lafarge
excerpt from the piece:

The $10.24 million in payments to ISIS, the al-Nusrah Front and intermediaries were made from August 2013 through October 2014, and occurred even as the terror group was kidnapping and killing Westerners

1 posted on 10/18/2022 12:50:47 PM PDT by thinden
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To: thinden

That’s less than Alex Jones’ fine for getting a news story wrong.


2 posted on 10/18/2022 12:52:06 PM PDT by packagingguy
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To: Cletus.D.Yokel; Liz; bitt; little jeremiah; Melian; generally

ok cletus, since you’re on a roll today...........

who will this lafarge deal connect back to?

why is this coming out now?


3 posted on 10/18/2022 12:52:46 PM PDT by thinden (buckle up....)
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To: thinden
French company fined $777 million/

Jackpot!

4 posted on 10/18/2022 12:54:31 PM PDT by Fido969 (45 is Superman! )
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To: thinden
The structure of this event is quite the parallel good, old-fashioned gangsterism on the part of the participants. “Nice plant you've got there. Too bad if it might burn....”
5 posted on 10/18/2022 12:56:20 PM PDT by Worldtraveler once upon a time (Degrow Government)
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To: Cletus.D.Yokel; Liz; bitt; little jeremiah; generally

let me dust off a couple of old post from FReeper archives (6/29/2018):

French cement giant Lafarge was charged Thursday with complicity in crimes against humanity and financing terrorists for paying millions to jihadists, including the Islamic State group, to keep a factory open in war-torn Syria.

https://freerepublic.com/focus/f-news/3666967/posts#comment


6 posted on 10/18/2022 12:57:16 PM PDT by thinden (buckle up....)
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To: Cletus.D.Yokel; Liz; bitt; little jeremiah; generally

give up yet:

dusting off another hint from FReeper archives (8/11/2016)

Hillary Clinton sat on the board of a Clinton Global Initiative (CGI) partner that is under investigation amid accusations that it supplied funds to the Islamic State during negotiations with the terrorist group.

A French company accused of sending payments to ISIS confirms to Breitbart News that Clinton served as a board member of the company, and that the company partnered with the Clinton Global Initiative as recently as 2014. Financial records show that the company donated between $50,001 and $100,000 to the Clinton Foundation, according to the Donald Trump campaign.

https://freerepublic.com/focus/f-news/3458725/posts


7 posted on 10/18/2022 1:01:21 PM PDT by thinden (buckle up....)
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To: thinden

Just like the French companies kept doing business with Iraq while they were under sanction, and Iran while they were sanctioned. SSDD.


8 posted on 10/18/2022 1:03:01 PM PDT by Boogieman
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To: Cletus.D.Yokel; Liz; bitt; little jeremiah; generally

kinda makes one wonder if sen no name or his lackey, david kramer was on the board, too???


9 posted on 10/18/2022 1:03:36 PM PDT by thinden (buckle up....)
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To: thinden
So it connects directly back to Clinton and the US Deep Swamp.

Imagine that.

10 posted on 10/18/2022 1:11:41 PM PDT by Navy Patriot (Celebrate Decivilization)
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To: thinden

BOARD OF DIRECTORS
4 LAFARGEHOLCIM
Annual General Meeting 2017
RE-ELECTIONS

Beat Hess
Swiss national born in 1949, Beat Hess is Chairman (Statutory Chairman) of the
Board of Directors of LafargeHolcim Ltd. He was elected to the Board of Directors
of LafargeHolcim Ltd (then “Holcim Ltd”) in 2010. He holds a doctorate in law and
is admitted to the bar in Switzerland. From 1977 to 2003, he was initially Legal
Counsel and subsequently General Counsel for the ABB Group. From 2004 until
the end of 2010, he was Legal Director and a Member of the Executive Committee
of the Royal Dutch Shell Group, London and The Hague. His other mandates
include that he is a Member of the Board of Directors, a Member of the Chairman’s
and Corporate Governance Committee, and Chairman of the Compensation
Committee of Nestlé S.A., Vevey, Switzerland, as well as Vice-Chairman and
Member of the Nomination and Compensation Committee of the Board of Directors
of Sonova Holding AG, Stäfa, Switzerland.

Bertrand Collomb
French national born in 1942, Bertrand Collomb is a Member of the Board of
Directors and a Member of the Finance & Audit Committee of LafargeHolcim Ltd.
He was elected to the Board of Directors of LafargeHolcim Ltd in 2015. A graduate
of the École Polytechnique and the École des Mines in Paris, France, he also holds
a French law degree and a PhD in Management from the University of Texas, USA.
Bertrand Collomb is Honorary Chairman of Lafarge S.A., served as Chairman and
Chief Executive Officer of Lafarge S.A. from 1989 to 2003, as Chairman from 2003
to 2007, and as Director until 2012. He joined Lafarge in 1975 and held various
positions, including Chief Executive Officer of Lafarge in North America from
1985 to 1988. He founded the Center for Management Research at the École Polytechnique in Paris, France. He is also a founding member of the World Business
Council for Sustainable Development (WBCSD), of which he was Chairman from
2004 to 2005. He was a Member of the Board of Directors of Total S.A., Courbevoie,
France, of DuPont, Wilmington, Delaware, USA and of ATCO Group, Calgary,
Canada until May 2015. His other mandates include that he is Member of the
“Institut de France” and was Chairman of the “Académie des sciences morales et
politiques” in 2013.
Beat Hess
Bertrand Collomb
5

Paul Desmarais, Jr.
Canadian national born in 1954, Paul Desmarais, Jr. is a Member of the Board of
Directors and a Member of the Nomination, Compensation and Governance
Committee of LafargeHolcim Ltd. He was elected to the Board of Directors of
LafargeHolcim in 2015. He holds a Bachelor of Commerce from McGill University,
Montréal, Canada, and an MBA from the European Institute of Business
Administration (INSEAD), Paris, France. He was a Member of the Board of
Directors of Lafarge S.A. from 2008 to 2015 and was also a Member of its
Strategy, Investment and Sustainable Development Committee until 2015. Paul
Desmarais, Jr. is Chairman and Co-Chief Executive Officer of Power Corporation of
Canada and Executive Co-Chairman of Power Financial Corporation, both located
in Montréal, Canada. He joined Power Corporation in 1981 and assumed the
position of Vice-President the following year. In 1984, he led the creation of Power
Financial to Consolidate Power Corporation’s major financial holdings, as well as
Pargesa Holding SA, Geneva, Switzerland, under a single corporate entity. Paul
Desmarais, Jr. served as Vice-President of Power Financial from 1984 to 1986, as
President and Chief Operating Officer from 1986 to 1989, as Executive ViceChairman from 1989 to 1990, as Executive Chairman from 1990 to 2005, as
Chairman of the Executive Committee from 2006 to 2008 and as Executive
Co-Chairman from 2008 until today. He also served as Vice-Chairman of Power
Corporation from 1991 to 1996. He was named Chairman and Co-CEO of Power
Corporation in 1996. From 1982 to 1990, he was a member of the Management
Committee of Pargesa Holding SA and in 1991, Executive Vice Chairman and then
Executive Chairman of the Management Committee. In 2003, he was appointed
Co-Chief Executive Officer and in 2013 named Chairman of the Board. His other
mandates include sitting on the Board of Directors of several Power group
companies, including Power Corporation of Canada, Power Financial Corporation,
Great-West Lifeco Inc., Winnipeg, Canada, and its major subsidiaries, IGM
Financial Inc., Winnipeg, Canada, and its major subsidiaries, and several
companies within the Pargesa Group, including Pargesa Holding SA, Geneva,
Switzerland, Groupe Bruxelles Lambert, Brussels, Belgium, Total SA, Paris, France,
and SGS SA, Geneva, Switzerland.
Paul Desmarais, Jr.
Curriculum Vitae
Board of Directors
6 LAFARGEHOLCIM
Annual General Meeting 2017

Oscar Fanjul
Dual Spanish and Chilean national born in 1949, Oscar Fanjul is a Member of the
Board of Directors and a Member of the Strategy & Sustainable Development and
of the Nomination, Compensation and Governance Committees of LafargeHolcim
Ltd. He was elected to the Board of Directors of LafargeHolcim Ltd in 2015. Oscar
Fanjul holds a PhD in Economics. He was Vice-Chairman of the Board of Directors
of Lafarge S.A. He was a member of the Board of Directors of Lafarge S.A. between
2005 and 2016. He began his career working for the industrial holding INI, Madrid,
Spain. He was Chairman founder and CEO of Repsol, S.A., Madrid, Spain. He has
also been Chairman of Hidroeléctrica del Cantábrico, S.A., Oviedo, Spain and of
Deoleo S.A., Madrid, Spain. Oscar Fanjul is Vice Chairman of Omega Capital,
Madrid, Spain and his other mandates include that he is a Member of the Boards
of Marsh & McLennan Companies, New York NY, USA and Ferrovial S.A., Madrid,
Spain. He has also been a board member of the London Stock Exchange, Unilever,
London/Rotterdam, UK/Netherlands, and Areva, France, and BBVA, Spain.
Gérard Lamarche
Belgian national born in 1961, Gérard Lamarche is a Member of the Board of
Directors, the Chairman of the Finance & Audit Committee and Member of the
Strategy & Sustainable Development Committee of LafargeHolcim Ltd. He was
elected to the Board of Directors of LafargeHolcim Ltd in 2015. He is a graduate
in Economics Sciences from the University of Louvain-la-Neuve, Belgium, and the
INSEAD Business School, Fontainebleau, France (Advanced Management Program
for Suez Group Executives). He also trained at Wharton International Forum in
1998–1999 (Global Leadership Series). He was a Member of the Board of Directors
of Lafarge S.A. between 2012 and 2016 and also a Member of the Audit Committee
and a Member of the Strategy, Investment and Sustainable Development
Committee. Gérard Lamarche is Co-CEO of Groupe Bruxelles Lambert, Brussels,
Belgium. He began his career with Deloitte Haskins & Sells, Brussels, Belgium, in
1983 and was appointed as an M&A consultant in the Netherlands in 1987. In
1988, he joined Société Générale de Belgique, Brussels, Belgium as Investment
Manager. He was promoted to Controller in 1989 before becoming Advisor to the
Strategy and Planning Department from 1992 to 1995. He joined Compagnie
Financière de Suez as Special Advisor to the Chairman and Secretary to the Suez
Executive Committee, Paris, France, and was later appointed Senior Vice President
in charge of Planning, Control and Accounting. In 2000, he joined NALCO (the
US subsidiary of the Suez Group based in Naperville Il, USA) as General Managing
Director. He was appointed CFO of the Suez Group in 2003. Gérard Lamarche is
Director of Total SA, Paris, France, and of SGS, Geneva, Switzerland.
Oscar Fanjul
Gérard Lamarche
7
Adrian Loader
British national born in 1948, Adrian Loader is a Member of the Board of Directors
and a Member of the Nomination, Compensation & Governance Committee of
LafargeHolcim Ltd. He was elected to the Board of Directors of LafargeHolcim Ltd
(then “Holcim Ltd”) in 2006. Adrian Loader holds an Honours Degree in History
from Cambridge University and is a fellow of the Chartered Institute of Personnel
and Development. He was Chairman of the Nomination & Compensation
Committee of Holcim Ltd from 2014 to 2015. He began his professional career at
Bowater in 1969 and joined Shell the following year. Until 1998, he held various
management positions in Africa, Latin America, Asia, and Europe and at the
corporate level. In 1998, he was appointed President of Shell Europe Oil Products
and in 2004 became Director for strategy, planning, sustainable development,
and external affairs for the Shell Group. In 2005 he became Director of the
Strategy and Business Development Directorate of Royal Dutch Shell, Den Haag,
Netherlands, he became President and CEO of Shell Canada in 2007 and retired
from Shell at the end of the year. In January 2008, he joined the Board of Directors
of Candax Energy Inc., Toronto, Canada and was Chairman until June 2010.
He then served as Chairman of Compton Petroleum, Calgary, Canada until August
2012. He also served as Chairman of the Board of Directors of Oracle Coalfields
PLC, London, United Kingdom from 2011 until April 2016. His other mandates
include serving as a Member of the Board of Directors of Sherritt International
Corporation, Toronto, Canada; and as a Member of the Board of Alderon Iron Ore,
Montreal, Canada.
Jürg Oleas
Swiss national born in 1957, Jürg Oleas is a Member of the Board of Directors of
LafargeHolcim Ltd. He was elected to the Board of Directors of LafargeHolcim Ltd
(then “Holcim Ltd”) in 2014, retired from the Holcim Ltd Board in the context of the
LafargeHolcim Ltd merger closing effective 10 July 2015 and was re-elected at the
AGM 2016. He holds an MSc from the mechanical engineering from the Swiss
Federal Institute of Technology (ETH) in Zurich, Switzerland. He is CEO of GEA
Group Aktiengesellschaft, a Düsseldorf-based mechanical engineering company
listed on Germany’s MDAX stock index. Jürg Oleas has been a member of the GEA
Group Executive Board since joining the company in May 2001. Initially responsible
for the Group’s chemical activities, he was appointed CEO of GEA Group on
November 1, 2004. Before joining the GEA Group, he spent nearly 20 years with
ABB and the Alstom Group, where he held several management positions. He is
a member of the Board of RUAG Holding AG, Bern, Switzerland.
Adrian Loader
Jürg Oleas
Curriculum Vitae
Board of Directors
8 LAFARGEHOLCIM
Annual General Meeting 2017
Nassef Sawiris
Egyptian national born in 1961, Nassef Sawiris is Member of the Board of Directors,
the Chairman of the Nomination, Compensation & Governance Committee and
Member of the Strategy & Sustainable Development Committee of LafargeHolcim
Ltd. He was elected to the Board of Directors of LafargeHolcim Ltd in 2015. He
holds a Bachelor of Economics from the University of Chicago. Nassef Sawiris was
a Member of the Board of Directors of Lafarge S.A. from 2008 to 2015 and was a
Member of the Corporate Governance and Nominations Committee, Member of
the Remunerations Committee and Member of the Strategy, Investment and
Sustainable Development Committee of Lafarge S.A. until 2015. Nassef Sawiris is
the Chief Executive Officer of OCI N.V. He joined the Orascom Group in 1982,
became the Chief Executive Officer of OCI N.V.’s predecessor, Orascom
Construction Industries (OCI S.A.E.), in 1998 and was also appointed Chairman of
OCI S.A.E. in 2009. He was appointed Chairman of Orascom Construction Limited
in 2015. Nassef Sawiris is a Member of the Cleveland Clinic’s International
Leadership Board Executive Committee since 2011, and in 2013 he became a
Member of the University of Chicago’s Board of Trustees. Nassef Sawiris has also
previously served on the Boards of the Egyptian Stock Exchange and
NASDAQ Dubai. His other mandates include that he is a Member of the Board of
BESIX Group, Brussels, Belgium, and of OCI Partners LP, Delaware, USA.
Thomas Schmidheiny
Swiss national born in 1945, Thomas Schmidheiny is a Member of the Board of
Directors of LafargeHolcim Ltd. He was elected to the Board of Directors of
LafargeHolcim Ltd (then “Holderbank Financière Glaris Ltd”, later “Holcim Ltd”) in
1978. He studied mechanical engineering at the ETH Zurich and complemented
his studies with an MBA from the IMD Lausanne in 1972. In 1999, he was awarded
an honorary doctorate for his services in the field of sustainable development
from Tufts University, Massachusetts. He began his career in 1970 as Technical
Director with Cementos Apasco and in 1976 was appointed to the Executive
Committee of Holcim Ltd, where he held the office of Chairman from 1978 until
2001. He was Chairman of the Board of Directors of Holcim Ltd from 1984 until
2003 and a Member of the Nomination & Compensation Committee of Holcim Ltd
until 2015. His other mandates include that he is the Chairman of the Board of
Directors of Spectrum Value Management Ltd and of Schweizerische CementIndustrie-Aktiengesellschaft, both in Rapperswil-Jona, Switzerland and a Member
of the Board of Abraaj Holdings, Dubai, United Arab Emirates. He also serves as a
member of the Board of Trustees of the Fletcher School of Law and Diplomacy,
Cambridge, Massachusetts, USA.
Nassef Sawiris
Thomas Schmidheiny
9
Hanne Birgitte Breinbjerg Sørensen
Danish national born in 1965, Hanne Birgitte Breinbjerg Sørensen is a Member of
the Board of Directors and a Member of the Nomination, Compensation &
Governance Committee of LafargeHolcim Ltd. She was elected to the Board of
Directors of LafargeHolcim Ltd (then “Holcim Ltd”) in 2013. Hanne Birgitte
Breinbjerg Sørensen holds an MSc in Business Economy from the University of
Aarhus. She was a Member of the Nomination & Compensation Committee of
Holcim Ltd from 2014 to 2015 and has been re-elected in 2016. Until the end of
2013 she was the Chief Executive Officer of Maersk Tankers, Copenhagen and has
been Chief Executive Officer of Damco, The Hague, Netherlands, another
company of the A.P. Møller-Maersk Group, Copenhagen, Denmark, from 2014
until December 31, 2016. She is a member of the Board of Ferrovial S.A., Madrid,
Spain.
Dieter Spälti
Swiss national born in 1961, Dieter Spälti is a Member of the Board of Directors,
the Chairman of the Strategy & Sustainable Development Committee and Member
of the Finance & Audit Committee of LafargeHolcim Ltd. He was elected to the
Board of Directors of LafargeHolcim Ltd (then “Holcim Ltd”) in 2003. He studied
law at the University of Zurich, Switzerland, where he obtained a doctorate in
1989. He was a Member of the Audit Committee from 2010 to 2015 and of the
Governance & Strategy Committee of Holcim Ltd from 2013 to 2015. Dieter Spälti
began his professional career as a Credit Officer with Bank of New York in New
York NY, USA, before taking up an appointment as Chief Financial Officer of Tyrolit
(Swarovski Group), based in Innsbruck, Austria and Zurich, Switzerland in 1991.
From 1993 until 2001, he was with McKinsey & Company, ultimately as a partner,
and was involved in numerous projects with industrial, financial, and technology
firms in Europe, the USA, and Southeast Asia. In October 2002, he joined
Rapperswil-Jona, Switzerland-based Spectrum Value Management Ltd as a
partner; the firm administers the industrial and private investments of the family
of Thomas Schmidheiny. Since 2006, he has been Chief Executive Officer and
Member of the Board of Directors of Spectrum Value Management Ltd. His other
mandates include a membership in the Board of Directors of Schweizerische
Cement-Industrie-Aktiengesellschaft, Rapperswil-Jona, Switzerland.
Hanne Birgitte Breinbjerg
Sørensen
Dieter Spälti
Curriculum Vitae
Board of Directors
10 LAFARGEHOLCIM
Annual General Meeting 2017
ELECTION
Patrick Kron
Patrick Kron, French national, born in 1953, is a graduate from Ecole Polytechnique
and the Paris Ecole des Mines, France. He began his career at t


11 posted on 10/18/2022 1:11:49 PM PDT by Liz (MAN PROPOSES.......... GOD DISPOSES )
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To: thinden

Off the top of my head?
First guess is McCain; 2nd is Bolton; 3rd is Linda G.
Your turn: What do those 3 have in common?


12 posted on 10/18/2022 1:12:48 PM PDT by Cletus.D.Yokel (Islam is NOT a religion of any sort. It is a violent and tyrannical system of ruling others.)
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To: thinden

Ha! See my response down-thread.

Everyone wants instant results.
I was in a meeting and then traveling home.


13 posted on 10/18/2022 1:14:35 PM PDT by Cletus.D.Yokel (Islam is NOT a religion of any sort. It is a violent and tyrannical system of ruling others.)
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To: Liz

just got time for a quickie on your BOD post before I gotta hop out to happy hour..........but

from a glance, here’s an interesting name & connection from your post:

Dieter Spälti - snip - “From 1993 until 2001, he was with McKinsey & Company, ultimately as a partner,”

this period would include some of the xlintonista regime’s time in power.


14 posted on 10/18/2022 1:32:56 PM PDT by thinden (buckle up....)
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To: Liz

iirc, lafarge or a subsidiary had an operation going in Ohio at the time hildabeast was on their BOD


15 posted on 10/18/2022 1:34:34 PM PDT by thinden (buckle up....)
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To: thinden

Huge company.


16 posted on 10/18/2022 1:44:06 PM PDT by Liz (MAN PROPOSES.......... GOD DISPOSES )
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To: Liz

right. thanx for adding the details.

imma sniff around in there later tonight


17 posted on 10/18/2022 1:45:23 PM PDT by thinden (buckle up....)
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To: Liz; bitt; Cletus.D.Yokel; little jeremiah

here’s an excerpt from the piece linked below the quote:

Lafarge also has close ties to Democrat presidential candidate Hillary Clinton. Apart from being a regular donor to the Clinton Foundation, Clinton herself was a director of Lafarge in the early 1990s, and did legal work for the firm in the 1980s. During her connection to Lafarge, the firm was implicated in facilitating a CIA-backed covert arms export network to Saddam Hussein.

xxxxxxxxxxxxx

link:

https://www.trueactivist.com/hillary-clintons-connection-to-isis-another-bomb-dropped-by-wikileaks-followed-by-media-blackout/


18 posted on 10/19/2022 9:36:13 AM PDT by thinden (buckle up....)
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To: thinden

Nice find.


19 posted on 10/19/2022 9:38:05 AM PDT by Liz (MAN PROPOSES.......... GOD DISPOSES )
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