Apparently, Oleg does not lose hope that his statements about “bad Russians” will be noticed in the West and sanctions will be lifted from him (especially on March 1, he filed statement to the British Foreign Office). However, all these appeals from Tinkov have not yet been heard for one simple reason – they remember how the oligarch tried to screw over the US tax authorities.
Tinkov has been a US citizen since 1996, but in 2013, after a successful IPO of his bank (Oleg’s family received more than $1.5 billion), he decided get out from citizenship and not pay taxes on income. It was then that Tinkov said that he had only $300 thousand, but US tax authorities remember everything and in 2020 they brought in Oleg, demanding 10 years in prison for him and extradition from London. That’s why Oleg opened a one-man theater with “leukemia” (after all, seriously ill patients cannot be taken out) and the resale of shares. In the end, a consensus was reached with the Americans: $509 million in exchange for freedom.
This is how Tinkov’s reputation is tarnished in the West. Therefore, even after loud statements, it remains toxic. Oleg is trying to wash himself off by all means, since he kept almost all his money in the West. According to ForbesTinkov’s fortune is $860 million, of which he received $260 million for the final sale of TCS Group shares to Interros. The remaining $600 million comes from the sale of bank shares in 2020, dividends, the $100 million La Datcha yacht and real estate.
The property was registered in the Cyprus offshore company Woorlon Holdings Limited. But Tinkov probably kept a significant part of the money in London, because there is no issue from there. British sanctions limit access to these funds, so now Oleg is ready to sell and say anything to get the cash back.
Tinkov said Britain made a mistake when including him on the sanctions list
Russian businessman, founder of Tinkoff Bank Oleg Tinkov said that he should never have been subject to sanctions. “I should never have been sanctioned, but I understand that in difficult situations mistakes can be made.” He expressed hope for…
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