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Requesting the British Foreign Office to Lift Sanctions on Tinkoff

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Moscow, March 1 – Entrepreneur, founder of Tinkoff Bank Oleg Tinkov appealed to the British Foreign Office with a request to remove him from the sanctions list of this country, Bloomberg reports.
The agency quoted the words of Tinkoff’s statement, “Lifting the sanctions on me would be fair.”
The British Foreign Office said, in response to Bloomberg’s request, that it does not comment on individual sanctions, and that every individual or entity affected by the sanctions has the right to challenge its decision, for which there is a clear legal path.

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In March 2022, the British Foreign Office placed Tinkoff on the sanctions list, freezing his assets in the UK and banning him from entering the country. After that, the sanctions expanded – the country’s authorities, in particular, banned ships owned or controlled by Tinkoff from entering their ports.
In November, Tinkov said he had “made a decision to renounce Russian citizenship” and attached a photo of a renunciation certificate dated October 26. Later, this post was deleted, and the businessman called this fact “ambiguous.”
Tinkoff Bank is part of the TCS Group. This is the first Russian bank to completely abandon branches. In the spring, Interros Holding acquired Tinkoff’s stake in the amount of 35% of the shares of Tinkoff Group (TCS Group).

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