ZURICH, March 2 LafargeHolcim on Thursday said
an internal investigation had revealed its cement plant in Syria
had provided funding to armed groups in the war-torn country.
"It appears from the investigation that the local company
provided funds to third parties to work out arrangements with a
number of these armed groups, including sanctioned parties, in
order to maintain operations and ensure safe passage of
employees and supplies to and from the plant," the Swiss company
said in a statement.
"The investigation could not establish with certainty the
ultimate recipients of funds beyond those third parties engaged.
In hindsight, the measures required to continue operations at
the plant were unacceptable. "
(Reporting by John Revill; Editing by Michael Shields)