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AvtoVAZ Investigation Closed.

Europe Intelligence Wire

| January 18, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Moscow Times)

The criminal investigation into Russia's largest carmaker, AvtoVAZ, has been closed, Russian media reported Tuesday.

"Five criminal investigations opened into AvtoVAZ, including probes into the nonpayment of taxes, are no longer being investigated," said an unidentified representative of the Samara region police, Interfax reported.

In December, Samara police opened a criminal investigation into unidentified AvtoVAZ employees over the alleged nonpayment of 230 million rubles ($8 million) in back taxes, Interfax reported last month.

The source said the cases against the Tolyatti-based carmaker were returned to the ...

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