Andrey Vavilov

Andrey Petrovich Vavilov (; born 10 January 1961) is a Russian politician and businessman, senator and a former first Deputy Finance Minister of Russia.

First Deputy Finance Minister of Russia

In 1992 to 1997, Vavilov occupied offices in the Russian Ministry of Finance. From 5 November 1994 to 1 May 1997, Vavilov occupied the post of first deputy finance minister of Russia under Mikhail Kasyanov.

While in office at the Finance Ministry, one of his responsibilities was negotiating with the International Monetary Fund, the Paris and London Clubs. Under the supervision of Vavilov, the Russian Federation was assigned to its first international investment ratings in 1996. He initiated and arranged the issue of the first Russian eurobonds on the international market. From 1992 to 1997, Vavilov participated in the preparation of the G7 meetings concerning the financial aspects of the summit that resulted in relieving the financial burden of Russia by $25 billion per year.

He represented Russia and Augustu da Silva Tomas represented Angola during the 1995-1996 Angola-Russia debt negotiations which led to "Angolagate". Angola had a $5.5 billion debt with the Soviet Union and later with Russia and the former president of the bank Russian Credit Arkady Gaydamak, also known as Arye Bar-Lev , was to be the executor of the financial transactions.

In 1997, under an agreement to purchase oil from Angola's oil firm Sonangol worth $1.5 billion, the Isle of Man registered firm Abalone Investments Limited which acted as an intermediary between Angola and Russia, transferred only $161 million out of the $773 million in the first and only tranche to the Russian Finance Ministry's account with Unikombank with Abalone Investments keeping the remainder as a commission. According to French judge Daniel Deveaux, Gaydamak received 60% or $614 million stolen as a commission during the Russian scheme. Some money went to Dos Santos. The Swiss prosecutor Bernard Bertossa froze $750 million in Swiss accounts in Geneva during his investigation into $1.5 billion that allegedly went to Boris Yeltsin's 1996 campaign.

In 1996, he was the treasurer of Boris Yeltsin's election campaign. During tenure at the ministry of finance, he was close to both Oleg Boyko and Alexander Lebedev.

On 3 February 1997, his car exploded outside of the Russian Ministry of Finance building but he was inside the building.

Businessman On 15 May 1997, he replaced Alexander Khloponin and became the President the MFK Bank that is part of Mikhail Prokhorov's ONEKSIMbank-MFK group . In July 1997, MFK combined with Stephen Jennings and Boris Jordan's Renaissance Capital to form MFK-Renaissance Bank with Boris Jordan as its president. Vavilov became a board member of Mikhail Prokhorov and Vladimir Potanin's Interros .

Real estate holdings By February 1995, he had obtained a two-story penthouse at Trump Tower in New York City and a house in Los Angeles.