Revolut founder renounces Russian citizenship

Nikolai Storonsky, founder and CEO of Revolut banking service, renounced Russian citizenship. The Telegraph writes about it.

On October 19, his father, businessman Mykola Storonsky, was included in the sanctions list of Ukraine. He served as General Director of Gazprom Promgaz JSC. The National Security and Defense Council of Ukraine (NSDC) stated that Storonsky Sr. "is responsible for material and financial support for actions that undermine or threaten the territorial integrity, sovereignty and independence of Ukraine."

Forbes, citing a Revolut representative, writes that Storonsky renounced Russian citizenship even before the imposition of sanctions against his father. In addition to Russian citizenship, he also had British citizenship. He is now trying to get a banking license for Revolut in the UK. Storonsky from the very beginning of the war spoke out against Russia's actions and suspended Revolut operations in Russia and Belarus.

Nikolai Storonsky is the fourth businessman who, after the start of the war, renounced Russian citizenship. This was previously done by Yuri Milner, Timur Turlov and Ruben Vardanyan. The latter announced on October 20 that he would become the prime minister of Nagorno-Karabakh.

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