LafargeHolcim CEO latest victim of non-compliance
LafargeHolcim CEO Eric Olsen will resign on 15 July this year, in response to the company’s enquiry into the conduct of its Syrian subsidiary between 2010 and September 2014, in which the subsidiary did business with terrorists who had taken control of the territory surrounding the LafargeHolcim’s cement plant.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
Article
French probing LafargeHolcim for violations in Syria
LafargeHolcim’s French unit has been placed under formal investigation over allegations the cement maker was “complicit in crimes against humanity” in Syria after admitting to paying funds to ISIS and other terrorist groups.
-
ArticleInternational agents take down major site where criminals traded stolen corporate info
A major online site used by cybercriminals to buy and sell information stolen from corporations and individuals worldwide has been shut down by an international enforcement action, the Department of Justice announced.
-
ArticleLuxury brands told to tighten AML compliance as Dutch regulator fines Louis Vuitton
Money laundering is no longer a concern just for financial services and real estate. It is everybody’s business. But are most businesses adequately prepared for tighter AML rules? What does compliance need to know?