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Russian President Vladimir Putin delivered a "victory speech" at his campaign headquarters in Moscow after preliminary results by the country's Central Election Commission (CEC) showed him securing his fifth term in office.
The Election commission hailed what it called Vladimir Putin's "record" victory in the presidential election, claiming that he had won 97% of the vote.
It claimed that the turnout was also a record high oh 77% of the voters.
Speaking in front of his supporters, Putin stressed that the "only source of power in the country is the Russian people", RT reported
"The vote of every citizen counts when its comes to charting the nation's course," he added.
According to the CEC, more than 50 per cent of the votes have been counted and Putin is leading the race with an estimated 87.3 per cent.