Bruno Lafont, Chairman and CEO of Lafarge speaks during the group's shareholders meeting in Paris, France, May 7, 2015. REUTERS/Benoit Tessier
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France seized part of a severance payment to the former co-chairman of LafargeHolcim as part of an investigation into whether the cement maker paid off Daesh (ISIS) and other militants in Syria, said a source close to the case.Bruno Lafont received an 8-million euro package in 2015 when leaving Lafarge after the company was taken over by Swiss rival Holcim, the source said Monday. Prosecutors estimate Lafarge may have paid about 13 million euros to militant groups.Nonprofit organization Sherpa brought the case to French tribunals on behalf of 14 former Syrian employees at Lafarge.Seven former Lafarge executives aside from Lafont are under formal investigation including Olsen.Prosecutors also seized funds from two former managers in Jalabiya, Bruno Pescheux et Frederic Jolibois, as well as the former deputy general operating manager Christian Herrault.
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