Georgia’s President-elect, Giorgi Margvelashvili
Reports from Georgia says that the candidate backed by the Country's prime minister of has won the country's presidential election, exit polls and partial results show.
The Central Election Commission published results from country's 75.38 percent of poling stations on Sunday, showing that the ruling party's Giorgi Margvelashvili was winning with 62.18 percent of votes, while his closest rival Davit Bakradze from the outgoing President Mikheil Saakashvili's party, had managed to reach only 21,84 percent.,
Bakradze, who now heads the opposition in parliament, quickly conceded defeat.
Tamar Zhvania, the Central Election Commission chairman, said the elections were free and fair.
"Voters have expressed their will at the polling stations and voted for their candidates," Zhvania told the Associated Press news agency.
"It is very important that everything was conducted in a peaceful environment, there have not been violations that could effect the results of the elections."
Ivanishvili (right) plans to step down after Margvelashvili (left) is sworn in as president later in November [Reuters]
Although Ivanishvili may now make more progress in decreasing tensions with Russia, he has maintained the pro-Western course set by Saakashvili.
The main uncertainty is over how Ivanishvili intends to govern and whether he is willing to see Saakashvili jailed. During nearly a decade in power, Saakashvili put Georgia on the path towards democracy.
However, he also deeply angered many Georgians with what they saw as the excesses and authoritarian turn of the later years of his presidency.
Ivanishvili has promised to step down next month and nominate a new prime minister, who is almost certain to be approved by parliament.
Under Georgia's new parliamentary system, the next prime minister will acquire many of the powers previously held by the president.
Ivanishvili has not yet named his choice to be the next prime minister, and although he says he intends to maintain influence over the government, it is not entirely clear how.
But his fortune, estimated at $5.3bn, gives him considerable leverage in this country of 4.5 million people, which has a gross domestic product of $16bn.
Saakashvili's future
Much uncertainty also hangs over Saakashvili's future.
Since last year's election and what was in effect a transfer of power, dozens of people from his team, including several former government ministers, have been hit with criminal charges and some have been jailed, including the former prime minister.
Ivanishvili confirmed in an interview with AP that Saakashvili also is likely to be questioned by prosecutors once he leaves office next month.
Saakashvili, in a conciliatory televised address on Sunday evening, called on his supporters to accept the will of the majority and keep working to integrate Georgia into Europe.
Prosecutors have reopened a criminal inquiry into the 2005 death of Zurab Zhvania, who was Saakashvili's first prime minister.
Zhvania's death was attributed to accidental carbon monoxide poisoning caused by a faulty gas heater, but his brother has accused Saakashvili of hiding the truth.
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