Oleg Tinkov renounces his Russian citizenship due to the warfare in Ukraine

Oleg Tinkov renounces his Russian citizenship due to the warfare in Ukraine

London/Hong Kong
CNN Enterprise

Oleg Tinkov, the founding father of a significant Russian digital financial institution, renounced his Russian citizenship in protest against the war in Ukraine.

“I’ve made the choice to resign my Russian citizenship,” Tinkov introduced on Instagram on Monday alongside a photograph of an October 26 certificates confirming his choice.

The submit was later eliminated, however its images have been shared on social media and reported by Russian state media.

“I can’t and won’t be related to a fascist nation that began a warfare with its peaceable neighbor and kills harmless folks each day,” Tinkov wrote.

Tinkoff, who based Tinkoff Financial institution in 2006, criticized Russia’s “loopy warfare” in Ukraine earlier this yr. He was one among 65 pure and authorized individuals on whom Nice Britain imposed sanctions on March 24 for “supporting the unlawful invasion of Russia”.

Tinkoff lately offered his 35% stake in Tinkoff Financial institution’s mother or father firm TSC to a agency managed by Russian billionaire Vladimir Patanin. Earlier than the sale, Tinkov’s wealth was estimated at about $3.5 billion, based on the Bloomberg Billionaires Index.

One other billionaire monetary providers tycoon additionally reduce ties with Russia over the warfare.

Nikolai Storonsky, co-founder and CEO of Revolut, renounced his Russian citizenship earlier this yr, the British firm mentioned on Tuesday, confirming a report by The Telegraph.

“His stance on warfare has been made public: warfare is totally abhorrent, and he stays resolute in calling for an instantaneous finish to hostilities,” Revolut mentioned in an announcement.

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