Putin rattled as Russian billionaires give up citizenship and condemn Ukraine invasion


    CNN correspondent Matthew Chance explained that Oleg Tinkov’s case was a unique one as he has leukaemia and has already sold his businesses in Russia. The British journalist also reported many other billionaire businessmen who did not agree with Putin’s war in Ukraine could not speak out about it as easily as they could face jail time and their families could be harmed. Mr Tinkov’s decision comes amid reports of up to seven high-profile businessmen who have condemned Putin’s regime.

    Mr Chance told CNN: “Yeah I mean it’s got a point in that direction.

    “I think you have to remember that Oleg Tinkov is a unique case.

    “He sold his businesses already in Russia, he’s got leukaemia so he may feel he’s got nothing to lose.

    “But of course, there are many many other business people in the country that have a lot to lose, speaking out like that would probably mean the end of your business.

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    He added: “It could mean jail, it could mean danger for your family.

    “So, even if they agree with what Oleg Tinkov has to say, they’re probably going to keep their mouth shut.

    “Having said that the fact that anyone is speaking out at all… And there are several high-profile business people.

    “It indicates the economic impact that this war is having on Russia.”

    Some Russian oligarchs have been sanctioned by Western Governments, as a way to impact Putin economically and stop him from syphoning funds to pay for his ongoing invasion of Ukraine.

    Billionaire oligarch Alexei Mordashov has been receiving backlash globally for being able to keep a yacht that has been allowed to dock in various foreign countries that have refused to turn the billionaire and his boat away.

    Despite calls from Western leaders for other global governments to do so.

    Vladyslav Huntyk, a Ukrainian coder and the founder of a mobile app has called for more economic pressure to be put on oligarchs.


    Mr Huntyk told Express.co.uk: “We decided that the more pressure we can put on [the oligarchs’] shoulders, the more pressure they will put on Putin’s shoulders.

    “The most convenient way is to ask people who know [about these assets] because you can’t identify that some real estate belongs to an oligarch just by looking at it.

    “But this information can be known by people who, for example, are their neighbours, they might know that this is the oligarch’s daughter’s property.

    “Or perhaps a bank employee who knows that a specific bank account belongs to an oligarch.

    “Or a boat crew, they would know that the boat belongs to them.

    “So we are trying to target a specific group of people who would have this kind of information.”



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