Russian steel king to Putin, ‘don’t take us back to 1917’

(ANSA) – ROME, MARCH 11 – Vladimir Potanin, president of the metal giant Norilsk Nickel and considered the richest businessman in Russia, has warned the Kremlin against the confiscation of the assets of the companies that fled after the invasion Ukraine, underlining that such a move would bring the country back to the times of the October Revolution of 1917. CNN reports this, quoting a post by the tycoon on the Telegram account of the Norilsk Nickel group: “Firstly, it would take us back a hundred years, to 1917, and the consequences of such a step – global investor distrust of Russia – would be felt for many decades. “

“Secondly – adds Potanin – the decision of many companies to suspend operations in Russia is, I would say, quite emotional in nature and could have been made due to unprecedented pressure on them from public opinion abroad. . So they will most likely come back. And personally, I would keep such an opportunity for them. “

Potanin is Russia’s richest billionaire with more than $ 22.5 billion, according to Bloomberg, despite losing about a quarter of his fortune this year due to the collapse of Norilsk Nickel’s stock: the company’s shares have lost over the 90% in London trading before being suspended, despite the surge in the prices of its raw materials. (HANDLE).

Source: Ansa

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