PARIS: Tech giant Apple has filed a lawsuit against the activist group Attac after around 100 of its supporters occupied the company’s flagship store in Paris last month, protesting alleged “wide-scale tax evasion” by the firm.
An Apple spokesman told AFP on Thursday that while it respected the group’s right to expression, its recent actions had “put the security of our customers and employees at risk.”
It is seeking €3,000 euros ($3,600) from the group, whose full name is the Association for the Taxation of Financial Transactions and Aid to Citizens, and a court order barring the group from staging further protests in its stores, for which they would face a penalty of €150,000 euros.
Attac staged a sit-in at Apple’s grandiose Opera store on December 2, demanding the US technology giant pay billions of euros the EU says it owes in back taxes.
They blocked the store for several hours on a busy pre-Christmas Saturday, leaving only after they were assured of a meeting with management.
The company said it had met with representatives on December 18 and asked them to refrain from further actions because of security concerns.
“Even if we don’t share their opinion, we fully recognize their right to express it,” the Apple spokesman said.
But Dominique Plihon, a spokesman for Attac France, said the lawsuit was “an attempt to gag Attac and prevent us from holding new citizen actions to condemn tax evasion by multinationals.”
He added that Apple had accused Attac of “vandalism,” though he said the group’s actions “are symbolic, nonviolent, staged openly and with no material damage.”
Attac also protested against the company on the day Apple released its iPhone X globally in November, dumping a load of freshly picked apples as demonstrators carried signs saying “Apple, pay your taxes” in the southern city of Aix-en-Provence.
The same day, its activists gathered in front of the Opera store with a fake birthday cake, wishing “happy birthday to the iPhone” but “a bad birthday to tax evasion” as part of its #ApplePayYourTaxes campaign.
In August 2016, European authorities estimated that Apple owed $14.5 billion in back taxes after it negotiated highly favorable tax arrangements with the Irish government.
Revelations in November from the “Paradise Papers” shed light on Apple’s tax avoidance strategy, which shifted tens of billion of dollars in profits from one tax haven to another.
A trove of documents released by the US-based International Consortium of Investigative Journalists (ICIJ) suggested Apple transferred funds to the island of Jersey, which typically does not tax corporate income and is largely exempt from EU tax regulations.
Apple has said it follows the law in each country it operates.
Apple sues French tax activists over Paris store protest
Apple sues French tax activists over Paris store protest
Qatar lists first green sukuk as Al Rayan raises $137m
RIYADH: Qatar Stock Exchange listed its first green sukuk after Al Rayan Bank raised 500 million Qatari riyals ($137 million), expanding the range of sustainable Islamic finance instruments in the market.
The three-year sukuk carries an annual profit rate of 4.25 percent and is listed on QSE’s debt market, according to Qatar News Agency. The issuance is the first green sukuk in Qatar’s financial market and the first by an entity registered with the Qatar Financial Centre to be locally listed, cleared and settled.
The listing reflects efforts to deepen Qatar’s debt market and broaden access to Shariah-compliant instruments aligned with environmental, social and governance standards as investor demand for sustainable assets grows globally.
Abdullah Mohammed Al-Ansari, CEO of QSE, said: “The listing of the first green sukuk in QSE’s history represents a significant milestone in the development of Qatar’s capital market. It reflects our commitment to expanding the range of sustainable, Shariah-compliant financing instruments and enhancing the depth and diversity of the debt market in line with global best practices.”
He added: “This achievement also underscores QSE’s role as an integrated platform capable of supporting innovative financing solutions that align with national development priorities and long-term sustainability goals.”
Al Rayan Bank CEO Fahad Abdullah Al-Khalifa said the issuance underscores the lender’s ambition to lead in ESG-linked Islamic finance while strengthening the domestic capital markets infrastructure.
“By offering the first green sukuk to be listed, cleared, and settled in Qatar, we are not only reinforcing our role as a forward-looking institution but also contributing to the development of the local capital markets infrastructure,” he added.
Al Rayan Bank said the issuance reflects its ambition to play a leading role in advancing Qatar’s sustainable finance ecosystem by aligning Islamic banking principles with financing structures designed to deliver long-term value.
The listing comes amid continued development of QSE’s debt market, which has recently introduced inaugural corporate bonds, Islamic sukuk and sustainable bonds.
The green sukuk provides investors with a tradable Shariah-compliant asset that combines financial returns with environmental objectives, supporting portfolio diversification while reinforcing sustainability standards in the local market.









