Russian oligarch condemns “massacre”

Russian oligarch condemns "massacre"

Russian oligarch condemns “massacre”      One of Russia’s wealthiest businessmen has denounced the country’s “massacre” in Ukraine and called for an end to the “crazy conflict.”

Oleg Tinkov stated in an Instagram post packed with profanity that he could not see “any beneficiary” from the ongoing dispute.

In addition to founding the global online bank Tinkoff Bank and owning the cycling team Tinkoff-Saxo, Mr. Tinkov is one of Russia’s most well-known businessmen and business people.

Russian oligarch condemns “massacre”

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His acts have been openly condemned by President Vladimir Putin, and he is one of the most prominent Russians to do so.

Both Mikhail Fridman and Oleg Deripaska, two of the country’s most prominent oligarchs, have issued separate appeals for peace, but have refrained from launching outright attacks on the government.

Mr. Fridman, a millionaire banker, has stated that any personal remarks he makes could endanger not only himself but also his employees and colleagues.

Mr Tinkov stated that “90 percent” of the people in his country were opposed to the war and that “morons exist in every country.”

Please be advised that this tale contains language that some may find objectionable.

Despite the fact that the UK government has sanctioned Mr Tinkov, as well as a large number of other Russians who have been recognized as having close ties to the Kremlin, few have spoken out against their country’s invasion of Ukraine.

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In his Instagram post, Mr Tinkov said: “I don’t see a SINGLE beneficiary of this insane war! Innocent people and soldiers are dying.

“Waking up with a hangover, the generals realised that they have a shit army.

“And how will the army be good, if everything else in the country is shitty and mired in nepotism, sycophancy and servility?”

Before Russia invaded Ukraine in late February, Mr Tinkov’s wealth had been estimated at more than $4.4bn (£3.4bn).

But he has since lost his billionaire status as shares in his bank have plummeted, Forbes reported last month.

Switching to English in his post, Mr Tinkov wrote: “Dear ‘collective West’ please give Mr Putin a clear exit to save his face and stop this massacre. Please be more rational and humanitarian.”

TNK Bank issued a statement in which they stated that they would not comment on the “private view” of their founder, who will stand down as chairman in 2020, and that he no longer made decisions for the brand, which was founded in 2006.

Mr Tinkov, who is now absent from Russia, owns approximately 35% of TCS Group Holding, a Cyprus-based holding company whose range of companies operating under the Tinkoff brand span areas ranging from banking and insurance to mobile communications.

As a result of his entrepreneurial journey, he has gone from bike racing to importing electronics, flogging frozen food, producing beer, and issuing credit cards, and then back to cycle racing as the owner of the Tinkoff-Saxo team in the sport of cycling.

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