A view of a Lafarge Cement plant is seen in Paris, France on September 8, 2021.
The nearly $17 million payments to ISIS were made from August 2013 through October 2014, and occurred even as the terror group was kidnapping and killing Westerners.
In a statement, Lafarge said, "Lafarge SA and [Lafarge Cement Syria] have accepted responsibility for the actions of the individual executives involved, whose behavior was in flagrant violation of Lafarge's Code of Conduct.
"The DOJ noted that former Lafarge SA and [Lafarge Cement Syria] executives involved in the conduct concealed it from Holcim before and after Holcim acquired Lafarge SA, as well as from external auditors," Holcim said.
Lafarge was indicted by French authorities in 2018 in connection with the ISIS payments on charges of being complicit in crimes against humanity.