Putin’s Chilling Crack Down On Dissenting Oligarch

Russian oligarch banker Oleg Tinkov put out an Instagram post criticizing Putin’s invasion of Ukraine, and just a day later, Putin’s administration threatened to nationalize his bank unless Tinkov unloaded his 35% stake to a Putin-friendly mining billionaire. Tinkov took a massive financial loss in the deal and described it as a hostage situation where the Kremlin forced him to take whatever deal was on the table. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE:
https://www.yahoo.com/news/russian-tycoon-criticized-putins-war-113512350.html

"Oleg Y. Tinkov was worth more than $9 billion in November, renowned as one of Russia’s few self-made business tycoons after building his fortune outside the energy and minerals industries that were the playgrounds of Russian kleptocracy.

Then, last month, Tinkov, the founder of one of Russia’s biggest banks, criticized the war in Ukraine in a post on Instagram. The next day, he said, President Vladimir Putin’s administration contacted his executives and threatened to nationalize his bank if it did not cut ties with him. Last week, he sold his 35% stake to a Russian mining billionaire in what he describes as a “desperate sale, a fire sale” that was forced on him by the Kremlin.

“I couldn’t discuss the price,” Tinkov said. “It was like a hostage — you take what you are offered. I couldn’t negotiate.”

Tinkov, 54, spoke to The New York Times by phone Sunday, from a location he would not disclose, in his first interview since Putin invaded Ukraine. He said he had hired bodyguards after friends with contacts in the Russian security services told him he should fear for his life, and quipped that while he had survived leukemia, perhaps “the Kremlin will kill me.”"

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