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. Last Updated: 07/27/2016

AvtoVAZ Tax Debt

MOSCOW () -- The former deputy premier for the economy, Vladimir Kadannikov, reinstalled as a senior official of AvtoVAZ, said Monday the ailing carmaker was unable to pay off the 1 trillion rubles ($183 million) it owes in federal taxes.


Kadannikov left AvtoVAZ in January to succeed Anatoly Chubais as the government's top economics overseer in what was seen as an attempt by President Boris Yeltsin to appease industrialists. He was left out of Yeltsin's new government in August.