Nobel prize winner Nadia Murad is among hundreds of people taking civil action against cement company Lafarge, which helped to fund ISIS. Reuters
Nobel prize winner Nadia Murad is among hundreds of people taking civil action against cement company Lafarge, which helped to fund ISIS. Reuters
Nobel prize winner Nadia Murad is among hundreds of people taking civil action against cement company Lafarge, which helped to fund ISIS. Reuters
Nobel prize winner Nadia Murad is among hundreds of people taking civil action against cement company Lafarge, which helped to fund ISIS. Reuters

Nadia Murad's Lafarge lawsuit a 'game changer' for victims of terrorism


Nicky Harley
  • English
  • Arabic

A court case being brought in the US by Nobel prize winner Nadia Murad against a French company, Lafarge, which gave millions to ISIS is being labelled a game changer.

Experts have told The National the litigation could open the floodgates for any person affected by ISIS to bring a case against the company and that any companies who have funded Hamas will be watching the case closely.

Ms Murad is one of more than 400 Yazidis who have filed a court case against Lafarge for conspiring to provide material support to a campaign of terrorism conducted by ISIS against the Yazidi population.

The case comes after the cement producer became the first company in American history to be convicted of bribing a foreign terrorist organisation after it admitted paying ISIS and Al Nusrah more than $6 million to allow it to keep operating in Syria.

Lafarge, which was taken over by Swiss-listed Holcim in 2015, agreed to pay $778 million in forfeitures and fines as part of a plea agreement last October.

Hans Jacob-Schindler, director of the Counter Extremism Project, told The National the landmark case will send out a strong message to companies who support terrorist groups.

"The Lafarge case could be a real game changer. The firm pleaded guilty to criminal charges in 2022 and it is established they paid over $6 million to ISIS and Al Nusrah," he said.

"In counter-terrorism financing it does not matter for what purpose ISIS used the money, it is arguably start-up capital which enabled ISIS and its genocidal ideology to rise and it should pay compensation.

Mourners at a mass funeral in 2021 for Yazidi victims of ISIS whose remains were found in a mass grave. AFP
Mourners at a mass funeral in 2021 for Yazidi victims of ISIS whose remains were found in a mass grave. AFP

"I would think the legal action has quite a good chance as the firm has already pleaded guilty. At the time it gave ISIS the money it enabled its growth. Even more importantly they gave the money that enabled them to carry out genocide in the future.

"The good news is this goes beyond Lafarge, it has established that it no longer matters who in an organisation paid a terror group, now the organisation is being held to account and is responsible for financing terrorism.

"Other corporations will be watching this carefully and making more of an effort to ensure this doesn't happen within their organisation. It is super important. Any firms backing Hamas presently could face the same action in the future now it is proscribed in the UK and US."

ISIS began its campaign of genocide against the Yazidi population in Sinjar, Iraq, in 2014.

Approximately 400,000 Yazidis fled, more than 6,400 were enslaved and an estimated 5,000 were killed.

Many of the thousands of Yazidi women and girls captured and sold as sex slaves to ISIS fighters are still missing.

The group of 427 plaintiffs includes Yazidis who were injured by ISIS, owned land and homes that were destroyed, or had family members who were displaced, injured, kidnapped, or killed by the terrorist group.

Lafarge has admitted that it gave millions of dollars in cash to ISIS and is alleged to have provided the group with cement to build underground tunnels and bunkers used to shelter ISIS members and hold hostages, including captured Yazidis.

“When ISIS attacked Sinjar, my family was killed, and I was taken captive as a slave. I was exploited and assaulted every single day until my escape,” Ms Murad said.

“Unfortunately, my story is not unique among Yazidis. It is the reality of thousands of Yazidi women. Even more tragic is that our horror took place under the awareness of and thanks to the support of powerful corporations like Lafarge.

"Still, the responsible parties have not been held accountable. In filing this lawsuit, I stand alongside my fellow Yazidi-Americans seeking justice and accountability from those whose actions enabled our nightmare.”

Barrister Paul Genney said the case will open the floodgate for thousands of others and said the company faces paying out millions in compensation.

"The victims of ISIS are infinite, so potentially the number of claimants is colossal," he told The National.

"This is just the tip of the iceberg. This is an international organisation and it could be sued in any jurisdiction it is based so there are potentially thousands of victims. I hope the company has deep pockets. I could imagine British claimants bringing a class action against them."

A mass funeral for Yazidi victims of ISIS whose remains were found in a mass grave in the northern Iraqi village of Kojo in Sinjar district. AFP
A mass funeral for Yazidi victims of ISIS whose remains were found in a mass grave in the northern Iraqi village of Kojo in Sinjar district. AFP

In July, the families of US journalists and military personnel killed or injured by Al Nusrah and ISIS attacks in Syria, Iraq, and farther afield, also launched litigation against Lafarge.

They include the family of Kayla Mueller, an American aid worker who was raped and murdered, as well as the families of journalists Steven Sotloff and James Foley, both of whom were beheaded by ISIS in 2014.

Their complaint includes the families of 10 US military personnel killed or injured by ISIS attacks in Syria and Iraq and Niger, and one American injured during an attack in Turkey.

“Lafarge paid millions to ISIS, which committed genocidal atrocities on innocent civilians. While last year’s guilty plea was unprecedented, it is not enough. Lafarge needs to be held to account by those harmed by its unlawful conduct,” said Jenner & Block lawyer Lee Wolosky.

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

Company Profile

Company name: NutriCal

Started: 2019

Founder: Soniya Ashar

Based: Dubai

Industry: Food Technology

Initial investment: Self-funded undisclosed amount

Future plan: Looking to raise fresh capital and expand in Saudi Arabia

Total Clients: Over 50

McLaren GT specs

Engine: 4-litre twin-turbo V8

Transmission: seven-speed

Power: 620bhp

Torque: 630Nm

Price: Dh875,000

On sale: now

COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A
ACL Elite (West) - fixtures

Monday, Sept 30

Al Sadd v Esteghlal (8pm)
Persepolis v Pakhtakor (8pm)
Al Wasl v Al Ahli (8pm)
Al Nassr v Al Rayyan (10pm)

Tuesday, Oct 1
Al Hilal v Al Shorta (10pm)
Al Gharafa v Al Ain (10pm)

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Manikarnika: The Queen of Jhansi

Director: Kangana Ranaut, Krish Jagarlamudi

Producer: Zee Studios, Kamal Jain

Cast: Kangana Ranaut, Ankita Lokhande, Danny Denzongpa, Atul Kulkarni

Rating: 2.5/5

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
2019 ASIAN CUP FINAL

Japan v Qatar
Friday, 6pm
Zayed Sports City Stadium, Abu Dhabi

Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes

EMIRATES'S%20REVISED%20A350%20DEPLOYMENT%20SCHEDULE
%3Cp%3E%3Cstrong%3EEdinburgh%3A%3C%2Fstrong%3E%20November%204%20%3Cem%3E(unchanged)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBahrain%3A%3C%2Fstrong%3E%20November%2015%20%3Cem%3E(from%20September%2015)%3C%2Fem%3E%3B%20second%20daily%20service%20from%20January%201%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EKuwait%3A%3C%2Fstrong%3E%20November%2015%20%3Cem%3E(from%20September%2016)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMumbai%3A%3C%2Fstrong%3E%20January%201%20%3Cem%3E(from%20October%2027)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAhmedabad%3A%3C%2Fstrong%3E%20January%201%20%3Cem%3E(from%20October%2027)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColombo%3A%3C%2Fstrong%3E%20January%202%20%3Cem%3E(from%20January%201)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMuscat%3A%3C%2Fstrong%3E%3Cem%3E%20%3C%2Fem%3EMarch%201%3Cem%3E%20(from%20December%201)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ELyon%3A%3C%2Fstrong%3E%20March%201%20%3Cem%3E(from%20December%201)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBologna%3A%3C%2Fstrong%3E%20March%201%20%3Cem%3E(from%20December%201)%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3E%3Cem%3ESource%3A%20Emirates%3C%2Fem%3E%3C%2Fp%3E%0A
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Wijnaldum 57', Milner 81' (pen)

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

The biog

Place of birth: Kalba

Family: Mother of eight children and has 10 grandchildren

Favourite traditional dish: Al Harees, a slow cooked porridge-like dish made from boiled cracked or coarsely ground wheat mixed with meat or chicken

Favourite book: My early life by Sheikh Dr Sultan bin Muhammad Al Qasimi, the Ruler of Sharjah

Favourite quote: By Sheikh Zayed, the UAE's Founding Father, “Those who have no past will have no present or future.”

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Updated: December 19, 2023, 4:33 PM