London Daily

Focus on the big picture.
Monday, Jul 21, 2025

Was Punished By Kremlin For Stance On Ukraine War, Says Russian Tycoon

Was Punished By Kremlin For Stance On Ukraine War, Says Russian Tycoon

Oleg Tinkov, one of Russia's best-known self-made tycoons, said that "90 percent of Russians" were against the Kremlin's "massacre" in Ukraine.

A Russian tycoon, who has urged the West to help end Moscow's "insane war" in Ukraine, said Tuesday he had been punished by the Kremlin for his stance.

In an emotional post on Instagram in April, Oleg Tinkov, one of Russia's best-known self-made tycoons, said that "90 percent of Russians" were against the Kremlin's "massacre" in Ukraine.

Later that month, Tinkov sold his 35-percent stake in the holding he founded to a company controlled by Kremlin-friendly billionaire Vladimir Potanin. The TCS Group Holding owns Tinkoff Bank, one of Russia's largest lenders.

In a new post on Instagram on Tuesday, Tinkov, 54, said he had sold his stake for "kopecks", expressing gratitude to Potanin for rescuing him from "this looming hell."

"I've lost everything but I have not lost my soul," he said, adding he had also received threats.

In an interview with The New York Times published on Sunday, Tinkov said he had been forced to sell the stake at three percent of what he considered to be its real value. "I couldn't negotiate," he said, adding that friends, citing security service contacts, had told him that he could be in danger.

In recent years, Tinkov has been undergoing treatment for leukemia in the West.

"Threats to me personally, a person who is battling a devastating blood cancer, leukemia, the desire to punish me just for my opinion, my honest opinion, speaks of the final dehumanization of the regime," Tinkov said on Instagram.

"God bless you, inhabitants of the Kremlin and Lubyanka," he said, referring to the presidential administration and the headquarters of the FSB security service.

He said that a majority of Russian businesspeople were afraid to speak out.

"I don't know how much I have left to live, but I definitely don't want to die with these billions" and be a "coward".

He said he no longer had any business interests in Russia and was cutting his ties to the country.

"Farewell Tinkoff Bank, farewell Russia," he said.

"Ukraine will win because good always wins over evil, we were taught that at school!"

Newsletter

Related Articles

0:00
0:00
Close
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
Google Secures Windsurf AI Coding Team in $2.4 Billion Licence Deal
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
South African Police Minister Suspended Amid Organised Crime Allegations
Nvidia CEO Claims Chinese Military Reluctance to Use US AI Technology
Hong Kong Advances Digital Asset Strategy to Address Economic Challenges
Australia Rules Out Pre‑commitment of Troops, Reinforces Defence Posture Amid US‑China Tensions
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
U.S. Resumes Deportations to Third Countries After Supreme Court Ruling
Excavation Begins at Site of Mass Grave for Children at Former Irish Institution
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Defends Attorney General Pam Bondi Amid Epstein Memo Backlash
Renault Shares Drop as CEO Luca de Meo Announces Departure Amid Reports of Move to Kering
Senior Aides for King Charles and Prince Harry Hold Secret Peace Summit
Anti‑Semitism ‘Normalised’ in Middle‑Class Britain, Says Commission Co‑Chair
King Charles Meets David Beckham at Chelsea Flower Show
If the Department is Really About Justice: Ghislaine Maxwell Should Be Freed Now
NYC Candidate Zohran Mamdani’s ‘Antifada’ Remarks Spark National Debate on Political Language and Economic Policy
×