Region: Syria

Ericsson sued by US military members for financing al-Qaeda, Islamic State

After recently announcing an SEC investigation related to the company’s conduct in the Middle East, the telecommunications company faces a private suit from US military members accusing it of making “protection payments” to Al-Qaeda and the Islamic State.

08 August 2022

Freight company settles with OFAC for $6 million

OFAC said Toll Holdings’ compliance measures “failed to keep up with the pace and complexity of its growing operations”.

25 April 2022

Lafarge back on the hook for crimes against humanity in Syria payments case

France’s highest court has ruled that cement manufacturer Lafarge can be charged with complicity in crimes against humanity over its alleged funding of armed groups, including ISIS.

07 September 2021

US sanctions enforcer dings Romanian bank and US private equity company

OFAC said that the issue stemmed from First Bank’s erroneous belief that US sanctions don’t apply to companies operating outside the country.

31 August 2021

LafargeHolcim in talks with DOJ over Syrian payments

Swiss-French cement manufacturer LafargeHolcim says that it is negotiating a resolution to a US Department of Justice investigation into alleged payments made to terrorist organisations, including ISIS.

30 July 2021

Report: SFO Petrofac investigation looking at alleged bribery in nine countries

21 June 2021

OLAF finds widespread fraud by UK, Dutch and Belgian companies in Syria

The EU’s anti-fraud agency has recommended that authorities in the UK, the Netherlands and Belgium bring prosecutions against companies tied to a €2 million rule-of-law project in Syria.

24 March 2020

Turkish shipping company investigated for sanctions violations

26 July 2019

French prosecutors call for Assad’s uncle to be tried for money laundering

25 March 2019

Russian and Syrian nationals charged with violating US sanctions

13 June 2018

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