Raffi Hovannisian to get back AMD 8 mln deposit

Raffi Hovannisian to get back AMD 8 mln deposit

March 4, 2013 – 21:58 AMT
PanARMENIAN.Net –

Former presidential candidate of Armenia, Heritage party leader Raffi
Hovannisian has addressed the Central Election Commission (CEC) with a
demand to get back AMD 8 mln deposit, Hovannisian’s authorized
representative Armen Martirosyan said.

According to the Election Code, the election deposit must be returned
to the candidates having received 5% votes within a week following the
release of the final results of the elections.

The deposits of the candidates having failed to garner 5% votes will
be transferred to the state budget.

Raffi Hovannisian received 36.74 of votes in Feb 18 presidential elections.