An accountability court on Tuesday acquitted former prime minister Raja Pervaiz Ashraf, former finance minister Shaukat Tareen and other accused in the Piraghaib Rental Power reference.
Judge Muhammad Bashir announced his verdict on applications of Raja Pervaiz Ashraf and others seeking acquittal in the case.
Other accused whose acquittal pleas were approved included Shaukat Tareen, Ismail Qureshi, Shahid Rafi, Tahir Basharat Cheema, Muhammad Saleem Arif, Chaudhry Abdul Qadreer, and Iqbal Ali Shah.
The National Accountability Bureau (NAB) had filed the Piraghaib Rental Power reference in 2014, accusing Raja Pervaiz Ashraf of misusing his powers in his capacity as water and power minister to gain financial benefits in the project.
Last week, the court had acquitted the former prime minister, Tareen as well as all eight other accused nominated in the Sahiwal Rental Power Reference.
There had been no loss inflicted on the national exchequer, therefore a reference could not be made against the accused, the judge remarked, announcing the verdict.
The verdict came on an acquittal plea submitted by the PPP leader and all the other accused in the case.
Earlier in a day, Accountability court has issued bailable arrest warrant against former president Asif Ali Zardari in Toshakhana case.
During the hearing of fake bank accounts reference, the court released advertisement of Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif for declaring him as proclaimed offender.
The judge said that no implementation has been carried out on the non-bailable arrest warrant that was issued against the former premier.
Asif Ali Zardari has also been directed to appear before the court in next hearing at any cost