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Former candidate for president of Armenia intends to return the election pledge

Armenia Materials 5 March 2013 00:32 (UTC +04:00)
The leader of "Heritage" party Raffi Hovannisian, who ran for the presidential elections in Armenia on Monday submitted to the Central Election Commission application for the return of the election pledge of $ 8 million drams (19.5 thousand USD), press-secretary of the Armenian CEC Hermine Harutyunyan said RIA Novosti.
Former candidate for president of Armenia intends to return the election pledge

The leader of "Heritage" party Raffi Hovannisian, who ran for the presidential elections in Armenia on Monday submitted to the Central Election Commission application for the return of the election pledge of $ 8 million drams (19.5 thousand USD), press-secretary of the Armenian CEC Hermine Harutyunyan said RIA Novosti.

According to the Electoral Code of Armenia, to candidate in the presidential election who has overcome 5% threshold in the election, must be returned pledge within a week.

To participate in on 18 February presidential election, eight candidates have made the election pledge of $ 8 million drams. Only Hovannisian among them has the right to get back his pledge, because has scored more than 5% of the vote. Pledges of the presidential candidates, who scored less than 5% of the vote, will be transferred to the state budget.

Presidential elections were held in Armenia on Feb.18. Incumbent President Serzh Sargsyan won the presidential elections winning 58.64 per cent of the vote. The First Foreign Minister of Armenia Raffi Hovannisian ranked second winning 36.75 per cent, while former Prime Minister Hrant Bagratyan ranked third after receiving 2.15 per cent of the vote.

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