Russia's richest businessman has warned the Kremlin against confiscating assets of companies that have fled in the wake of the invasion of Ukraine, saying such a step would set the country back more than 100 years
London Russia's richest businessman has warned the Kremlin against confiscating assets of companies that have fled in the wake of the invasion of Ukraine, saying such a step would set the country back more than 100 years.
Vladimir Potanin, president of metals giant Norilsk Nickel and its biggest shareholder, said that Russia risked returning to the tumultuous days of the 1917 revolution if it slammed the door on Western companies and investors. He urged the Russian government to proceed with extreme caution regarding the seizure of assets.
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