Posts Tagged ‘financing’

Cement maker Holcim’s Lafarge will face trial in a French court on charges that its Syrian subsidiary financed terrorism and breached European sanctions in order to keep a plant operating, France’s anti-terrorism prosecutor and a lead plaintiff said. Lafarge, which became part of Swiss-listed Holcim in 2015, has been the subject of an investigation into…

Police in Cyprus on Thursday detained eight individuals for questioning on allegations they were involved in raising funds for a designated terrorist group in a third country, authorities said. The suspects, seven men and a woman, all from Syria, were arrested in morning raids by police in the towns of Limassol and Paphos. There was…

The U.S. Supreme Court gave a boost on Monday to a challenge by 21 pharmaceutical and medical equipment companies led by AstraZeneca to a lawsuit accusing them of illegally helping to fund terrorism that killed or injured hundreds of American troops and civilians in Iraq. The justices threw out a lower court’s ruling that revived…

A jury found the company liable for financing the United Self-Defense Forces of Colombia (AUC), a US-designated terrorist organization known for its human rights abuses, according to EarthRights, an NGO that helped build the case. The jury awarded the surviving family members $38.3 million in damages for the deaths of eight victims. The eight plaintiffs…

The Department of State is today imposing sanctions on “Lions’ Den,” a militant Palestinian group centered in Nablus’s Old City in the West Bank. In October 2022, Lions’ Den claimed responsibility for several drive-by shootings in the Nablus area. Lions’ Den members opened fire at Israeli vehicles driving close to the nearby settlement of Elon…

A British bank that escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, US court papers allege. Standard Chartered, one of the UK’s largest banks, avoided prosecution by the US Department of Justice after Lord Cameron’s government intervened on its behalf in 2012. New documents filed to…

A Russian citizen residing in Sacramento was sentenced to 12 years in prison after he sent thousands of dollars to a designated terrorist organization, according to federal officials. Court documents claim that 37-year-old Murat Kurashev used money transfer services to send around $13,000 to two known couriers of a Hayat Tahrir al-Sham (HTS) fundraiser. HTS…

A New York woman was sentenced to 18 years in prison on Tuesday for funding terrorism by using cryptocurrency to send financial support to groups operating in Syria. After Judge Althea Drysdale imposed the sentence, the woman, Victoria Jacobs, 44, yelled that the trial had been “a sham” and “Islamophobic” as officers led her from…

A mother and daughter have been jailed for funding terrorism in Syria. Stella Oyella, 53, and Vanessa Atim, 32, both of Newham, east London, sent hundreds of pounds to a relative who had joined the Islamic State (IS) group. They were found guilty of entering into an arrangement to fund Joseph Ogaba between March and…