Two-time banker Oleg Tinkov renounced his Russian citizenship for Ukraine after he said his first Instagram post ‘mysteriously disappeared’ | News of the World | Tech Reddy

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Businessman Oleg Tinkov has renounced his Russian citizenship, saying that he does not want to be associated with “fascism” and people who work with “killers”.

The 54-year-old founder of Tinkoff Bank wrote in an Instagram post on Tuesday: “I decided to renounce my Russian citizenship after Russia attacked independence. Ukraine. I am against this war, killing peaceful people.”

He said in the post that he was “rethinking” his decision after his first post “mysteriously disappeared”.

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Sota Vision, a Russian independent news agency, tweeted an image of Mr Tinkov’s certificate showing that he had lost his Russian citizenship, along with his original Instagram post in which he attacked the leadership of Russian President Vladimir Putin.

“It seems Putin’s trolls have come to Insta and my post has disappeared,” Mr Tinkov said in his latest post.

“I am against this war, and the killing of civilians.”

He also said he was trying to force the bank to stop using his name.

“My name should not be associated with fascism,” he said. “I hate to have my brand/name associated with a bank that works with killers and blood.”

The bank said it has all legal rights to use the Tinkoff brand, TASS news agency reported.

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Mr Tinkov, whose new digital credit card company TCS Group Holding has grown into one of Russia’s biggest financial institutions, is one of the Russian oligarchs with close ties to Mr Putin who was sanctioned by the British government. in March.

The financier, who lives in London, is said to have seized his planes after the Isle of Man deregistered them.

In the months that followed, he became increasingly critical of the war and the President Putin.

In April, he wrote in a post on his Instagram account that “90% of Russians are against” the “crazy” war, calling his supporters “morons”. .

He was forced to sell his 35% stake in TCS, parent of Tinkoff Bank, to Russian metal magnate Vladimir Potanin, following a string of anti-war talks.

Diamond, who has drawn comparisons with British billionaire Richard Branson and was worth around $10 billion at his height, launched electronics, ice cream and beer brands before founding the Tinkoff Bank in the mid-2000s.

He says he has no business plans now Russia.

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In October, Israeli-Russian billionaire Yuri Milner announced that he had renounced his Russian citizenship.

“My family and I left Russia for good in 2014, after Russia annexed Crimea,” the founder of online investment firm DST Global said in a tweet.

“And this summer, we completed the process of revoking our Russian citizenship.”

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