Oleg Tinkov, Former Banking Tycoon, Renounces Russian Citizenship Over Ukraine

Oleg Tinkov, the former banking tycoon who broke with the Kremlin over the war in Ukraine, said on Monday that he had renounced his Russian citizenship.

“I can’t and won’t be associated with a fascist country, that started a war with their peaceful neighbour,” Mr. Tinkov, who is also a citizen of Cyprus, wrote on Instagram. “It is a shame for me to continue to hold this passport.”

Mr. Tinkov became the latest Russian-born mogul to renounce his citizenship, a move that critics say may not only be a statement of principle but also an effort to avoid sanctions or soothe potential business partners who are wary of dealing with Russians. Read more

@nytimes