Sanctioned Russian tycoon says give Putin an 'exit to save his face'

A Russian banking millionaire under western sanctions has come out and criticised the war in Ukraine in an attack on rarely seen in ‘s financial circles.

Oleg Tinkov, 52, who owns a Russian bank along with the world’s first private ice-breaking super yacht, was sanctioned after Putin gave the order to invade Ukraine.

He took to on Tuesday to call the war ‘crazy’.

He wrote on his Instagram account in Russian that the generals in the Russian army are ‘waking up with a hangover’ and releasing ‘they had a sh*tty army’.

‘And how will the army be good, if everything else in the country is sh*t and mired in nippotism [sic], servility and servility?’ he asked.

Kremlin officials will be shocked that their children will not be able to go to the Mediterranean this summer, said Tinkov, who called on the west to ‘please give Mr. Putin a clear exit to save his face and stop this massacre’.

‘Of course there are morons who draw Z, but morons in any country are 10%. 90% of Russians are AGAINST this war!’ he said. 

Tinkov called on the west to ‘please give Mr. Putin a clear exit to save his face and stop this massacre' as he pondered how the 'sh*tty' Russian army had been ruined by nepotism

Tinkov called on the west to ‘please give Mr. Putin a clear exit to save his face and stop this massacre’ as he pondered how the ‘sh*tty’ Russian army had been ruined by nepotism

Tinkov owns his own bank but stepped down after being diagnosed with leukemia in 2020, saying the life-changing medical news gave him a new perspective of life

Russian banking billionaire Oleg Tinkov has openly criticised the Putin regime in a rare admission from within the Russian financial sector, calling for an end to the 'crazy war'

Tinkov owns his own bank but stepped down after being diagnosed with leukemia in 2020, saying the life-changing medical news gave him a new perspective of life

The son of a Siberian coal miner, Tinkov was selling beer and şişli escort dumplings before he launched Tinkoff bank in 2006, but stepped down as chairman of the board after a 14-year run, announcing he had been diagnosed with acute leukemia.

<p class="mol-para-with-font". But after his diagnosis, he told Forbes he discovered how fragile life could be, prompting him to call for an end to the war.

The Russian banking billionaire owns the world’s first private ice-breaking super yacht and was banned from travelling outside the M25 ahead of an extradition hearing.

Tinkov is scheduled to appear at Westminster Magistrates’ Court next month off the back of an extradition request made by US authorities who wish to question him over an alleged multi million-pound tax fraud.

Tinkov owns the world's first ice breaker private yacht, La Datcha, pictured

Tinkov owns the world’s first ice breaker private yacht, La Datcha, pictured

Tinkov, pictured, is not allowed on his private yacht at present as his bail conditions stipulate he must remain within the M25

Tinkov, pictured, is not allowed on his private yacht at present as his bail conditions stipulate he must remain within the M25

According to authorities, if convicted he could face three years in prison for each count he faces

According to authorities, if convicted he could face three years in prison for each count he faces

Tinkov, who relinquished his US citizenship in October 2013, was released on £20m bail while the extradition is decided.

According to the US Department of Justice, Tinkov allegedly filed paperwork claiming he was worth $300,000.

They began their investigation after discovering he owned a 2018 Dassault 8X private jet registered in the Isle of Man.

US authorities said: ‘Oleg Tinkov was the indirect majority shareholder of a branchless online bank that provided its customers with financial and bank services.

‘The indictment alleges as a result of an initial public offering (IPO) on the London Stock Exchange in 2013, Tinkov beneficially owned more than $1 billion worth of the bank’s shares.

Tinkov's jet, pictured, is registered in the Isle of Man

Tinkov’s jet, pictured, is registered in the Isle of Man

Mecidiyek\u00f6y Escort | Mecidiyek\u00f6y Escort, Escort Bayan, Escort Mecidiyekoy

‘The indictment further alleges that three days after the IPO, Tinkov renounced his US citizenship – a taxable event requiring Tinkov to report to the IRS the constructive sale of his worldwide assets, report the gain on the constructive sale of those assets to the IRS, and pay tax on such gain to the IRS.’

Federal authorities alleged Tinkov routed more than $1bn through the British Virgin Islands to avoid US tax.

According to the indictment, Tinkov said his income was less than $206,000 in 2013 while his net worth was $300,000.

According to the Feds: ‘If convicted, Tinkov faces a maximum sentence of three years in prison on each count. He also faces a period of supervised release, restitution, and monetary penalties.’

As well as his superyacht, Tinkov owns a Dassault 8x jet worth around £50 million.

According to an investigation by The Times, Tinkov is on the US government’s ‘Putin list’.

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