Ex-LafargeHolcim CEO 'under formal investigation' in France

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In June prosecutors launched an investigation into LafargeHolcim’s Syrian operations and its possible 'financing of a terrorist enterprise'.

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The former chief executive of Franco-Swiss cement group LafargeHolcim Ltd, Eric Olsen, was placed under formal investigation on Thursday as part of an inquiry into the group’s activities in Syria, a source with the prosecutor’s office said, reports Reuters.