Russian banking tycoon Oleg Tinkov renounced his Russian citizenship in a public rebuke of Moscow’s invasion of Ukraine, saying he “can’t and won’t be associated with a fascist country.”
He added Tuesday that he plans to revoke his name from Tinkoff Bank, the Russian commercial bank he founded in 2006, writing: “I hate when my brand/name is associated with the bank that collaborates with killers and blood.”The businessman announced he had ended his citizenship in an Instagram post on Monday, sharing an image of the official document certifying his renunciation, which was dated Oct. 26.
Tinkov, who is reported to also hold Cypriot citizenship, is one of a few prominent Russian businessmen to have publicly criticized the invasion. He and later denounced the invasion as “insane.” He claims he was forced to sell his stake in Tinkoff Bank under pressure from Kremlin officials.
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