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Military Families Seek $800M from French Company Found Guilty of Funding ISIS

Key Takeaways
  • Lafarge, a French cement company, was found guilty of bribing ISIS.
  • The company paid $777M to the US DOJ in 2022.
  • Military families are seeking compensation from the forfeited funds.
  • The DOJ has not yet distributed the funds to the victims' families.
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Strategic Implications

The case may indicate a shift in holding corporations accountable for supporting terrorism, which could have significant implications for companies operating in conflict zones. The delay in distributing the funds suggests a complex process, which may be influenced by various factors, including legal and bureaucratic considerations.

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What Happened

Families of US Soldiers Killed in Syria Demand Justice and Compensation

Military families of US soldiers killed in Syria are demanding that the Department of Justice distribute nearly $800 million in forfeited funds from Lafarge, a French cement company found guilty of bribing ISIS. The company pleaded guilty to paying $17 million to the Islamic State group to keep a plant in Syria open and paid $777 million to the US DOJ in 2022. The families, who are part of a lawsuit against Lafarge, are seeking compensation for their losses. The case was first reported by Fox News.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Military Families Seek $800M from French Company Found Guilty of Funding ISIS

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Lafarge, a French cement company, was found guilty of bribing ISIS.
  • The company paid $777M to the US DOJ in 2022.
  • Military families are seeking compensation from the forfeited funds.
  • The DOJ has not yet distributed the funds to the victims' families.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

The case may indicate a shift in holding corporations accountable for supporting terrorism, which could have significant implications for companies operating in conflict zones. The delay in distributing the funds suggests a complex process, which may be influenced by various factors, including legal and bureaucratic considerations.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Families of US Soldiers Killed in Syria Demand Justice and Compensation

Military families of US soldiers killed in Syria are demanding that the Department of Justice distribute nearly $800 million in forfeited funds from Lafarge, a French cement company found guilty of bribing ISIS. The company pleaded guilty to paying $17 million to the Islamic State group to keep a plant in Syria open and paid $777 million to the US DOJ in 2022. The families, who are part of a lawsuit against Lafarge, are seeking compensation for their losses. The case was first reported by Fox News.

Source

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