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Lafarge SA is placed under investigation

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World Cement,


Lafarge SA has been placed under investigation by examining magistrates in Paris, France, in connection with the case relating to the operation of the Jalabiya cement plant in Syria between 2011 and 2014. According to an internal investigation, Lafarge Cement Syria provided funds to work out arrangements with a number of armed groups, which included sanctioned parties.

The French investigation has already placed a number of former managers at the company under investigation.

“We truly regret what has happened in the Syria subsidiary and after learning about it took immediate and firm actions. None of the individuals put under investigation is today with the company,” said Beat Hess, Chairman of the Board of LafargeHolcim, parent company of Lafarge SA.

“The Lafarge Group had a comprehensive compliance programme, which was breached,” continued Hess. “We have further strengthened the compliance programme and culture since the merger, to make sure that similar mistakes will not happen again. I believe our compliance culture is strong through our entire group and with our dedicated employees we will overcome individual wrongdoings.”

The internal report and more than 260 000 documents have been handed over to the French authorities. On several occasions, including today before the examining magistrates, the company confirmed that unacceptable individual errors were made in Syria until the site was evacuated in September 2014. The company will continue to fully cooperate with the legal authorities in this case.

Read the article online at: https://www.worldcement.com/europe-cis/02072018/lafarge-sa-is-placed-under-investigation/

 

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LafargeHolcim news Cement news 2018