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Richest Russian Dissents on Putin’s Tit-for-Tat Over Sanctions

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WATCH: Have Sanctions Against Russia Ever Worked?Source: Bloomberg

Billionaire Vladimir Potanin, Russia’s richest man and one of the few tycoons to escape sanctions, tore into every aspect of his country’s retaliation against international penalties enacted over President Vladimir Putin’s invasion of Ukraine. 

The biggest shareholder in MMC Norilsk Nickel PJSC warned that the tit-for-tat measures risked backfiring and cautioned against burning bridges with foreign companies that are exiting Russia under pressure.