An accountability court in Islamabad acquitted former president Asif Ali Zardari in two corruption references on Friday.
Five references against the former president were reopened on October 12, 2013.
The court today acquitted him in the ARY and Ursus tractors deal references. Previously, he was acquitted in the Polo ground reference.
ARY case
The case is related to granting licenses to ARY traders for import of gold and silver which caused losses to the public exchequer, amounting to approximately Rs18.2 million.
Ursus tractors deal
Ursus tractors case deals with alleged misappropriation in the purchase of 5,900 Russian and Polish tractors at a cost of Rs150,000 each, for the then Awami Tractor Scheme.
The Ursus tractors purchase deal allegedly caused a loss of Rs268.3 million to the ADBP and Rs1.67 billion to the State Bank.
Two more references – Cotecna and SGS – filed against Zardari are still pending for which the court has summoned the former president on December 17.
