Artur Gevorgyan, a candidate of the ruling Republican Party, is running for a seat in parliament in Yerevan’s 5th Election District.

Despite his young age, Gevorgyan has amassed a sizeable amount of financial resources when compared to his opponents. Another asset in his favour is that he’s the son-in-law of RA Chief of Police Vladimir Kasparyan.

Gevorgyan has a number of real estate holdings, including a 634 square meter private house.

In his financial disclosure statement, Gevorgyan lists his 4 million AMD salary as his only source of income.

As of March 1, his cash holdings amount to 43 million AMD, $945,000 and 239,000 Euros. Surprisingly, Gevorgyan claims to own no stocks or other securities.

Souren Sirounyan, his election opponent, is unemployed and reports no assets at all, either fixed or movable. He reports 5 million AMD in bank deposits.

Hovhannes Hovhannisyan, a third candidate in the race, is also unemployed. He does report a house in the Dzoraghbyur village of Kotayk Marz.

Hovhannisyan claims no movable assets and bank deposits totalling 2.8 million AMD.