Invasion of Ukraine: Banker-entrepreneur renounces Russian citizenship, calls his country 'fascist'

Oleg Tinkov took to Instagram to announce his decision to renounce his Russian citizenship.

Published: 01st November 2022 06:55 PM  |   Last Updated: 01st November 2022 07:21 PM   |  A+A-

Oleg_Tinkov

Russian entrepreneur Oleg Tinkov. (Photo | AP)

By Online Desk

Russian entrepreneur Oleg Tinkov has renounced his Russian citizenship calling Russia a 'fascist country' over its invasion of neighbouring Ukraine.

The founder of Tinkoff bank, Oleg Tinkov, 54, took to Instagram on Monday to announce, “I have taken the decision to exit my Russian citizenship."

“I can’t and won’t be associated with a fascist country that started a war with their peaceful neighbor and killing innocent people daily,” Tinkov said.

“I hope more prominent Russian businessmen will follow me, so it weakens Putin’s regime and his economy, and put him eventually to defeat,” he wrote on Instagram.

CNN reports that Tinkov recently sold his 35% stake in Tinkoff Bank’s parent company TSC to a firm controlled by Russian billionaire Vladimir Potanin. Before the sale, Tinkov’s wealth was estimated at about $3.5 billion, according to the Bloomberg Billionaires Index.

ALSO READIn eastern Ukraine, the plight of another Volodymyr Zelensky

In March this year, the Associated Press reported that among the Russian business tycoons to urge an end to the war in Ukraine include the metals magnate Oleg Deripaska, Alfa Bank founder Mikhail Fridman and banker Oleg Tinkov

Tinkov wrote on Instagram: “Innocent people are dying in Ukraine now, every day, this is unthinkable and unacceptable.”

According to the CNN report, Nikolay Storonsky, the co-founder and CEO of Revolut, renounced his Russian citizenship earlier this year, the British company said Tuesday, confirming a report in The Telegraph.

“His position on the war is on the public record: the war is totally abhorrent and he remains resolute in calling for an immediate end to the fighting,” CNN quoted Revolut as saying in a statement.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp