GEGHAMYAN SPENDS THE MOST MONEY SO FAR

Panorama.am
18:48 23/01/2008

According to the information released by Central Electoral Committee
(CEC), at the moment no revenues or expenditures were made in
the election funds of three presidential candidates. According to
CEC official web portal, the elections funds of Tigran Karapetyan,
People’s Party chairman, Aram Harutunyan, leader of National Concord
party, and Arman Melikyan, nominated on civil initiation, are empty.

According to the same source, chairman of Orinats Yerkir Arthur
Baghdasaryan has the most money in his election fund – 20,3 million
Armenian drams. The candidate has transferred ten million himself and
the rest has been transferred by physical entities, 60 persons. Vahan
Hovanisyan is in the second place. He has 10 million drams and
has transferred the money on his own. He is followed by Republican
candidate Serzh Sargsyan with 8.6 million drams. Artashes Geghamyan
is in the fourth place with 4 million drams. Vazgen Manukyan has the
least money, 130 thousand drams and the money has been transferred
by two physical entities. Levon Ter-Petrosyan has 1.493.500 Armenian
drams mostly transferred by physical entities, 23 persons.

According to CEC figures, the only expenditure has been made by
Artashes Geghamyan, 1 million 730 thousand Armenian drams. However,
the election center of the candidate said Geghamyan has spent 4
million 270 thousand so far. The money is mostly spent to publish
Geghamyan’s 164 page "Creation Program" which is published in 3000
copies. He also spent money to purchase TV and radio air.