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Thursday, December 8, 2022

Russia: Billionaire Oleg Tinkov gives up Russian citizenship

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Before Putin’s war of aggression in Ukraine, Oleg Tinkov was a billionaire Russian banker and entrepreneur. Now he no longer wants to have anything to do with his country – and is giving up Russian citizenship.

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Russian banker and entrepreneur Oleg Tinkov has renounced his Russian citizenship because of Moscow’s war of aggression in Ukraine. He made this decision because he “couldn’t and didn’t want to be associated with a fascist country” that “started a war with its peaceful neighbor” and is killing innocent people every day, Tinkow wrote on Instagram on Monday. He shared an image of a certificate confirming the “end” of his Russian citizenship.

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He hopes more prominent Russian businessmen will follow him, Tinkov wrote, “so that[President Vladimir]Putin’s regime and economy can be weakened and he can eventually be defeated.” He “hates Putin’s Russia” but “loves all Russians who are clearly against this crazy war”.

The dazzling billionaire and founder of the online bank Tinkoff is considered one of the best-known Russian entrepreneurs. The bank is one of Russia’s largest lenders and has around 20 million customers. In 2020, Tinkow retired from his post as CEO.

Tinkov had previously sharply criticized the Russian offensive in Ukraine, calling it a “crazy war.” He called on the West to end the “massacre”. Shortly after the start of the Ukraine war, the entrepreneur was hit by British sanctions.

Source: Stern

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