Court reserves ruling in references against Zardari

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An accountability court in Islamabad reserved its ruling over former president Asif Ali Zardari’s acquittal in five references against him.

Zardari’s counsel Farooq Naik concluded his arguments before AC judge Justice Muhammad Bashir. He said National Accountability Bureau (NAB) had failed to produce any evidence against his client and no witnesses were produced in court against him.

NAB reopened cases against Zardari in 2013.

The references include a polo ground case which builds upon the construction of a polo ground along with ancillary works at the PM House, which NAB says are illegal and in violation of the rights and privileges accorded to him.

Another reference is a corruption case in continuance of a reference filed in 1997 that accused late Benazir Bhutto and her spouse Zardari to have gained off a contract between the SGS and the government.

Yet another reference revolves around grant of trade licenses to ARY Traders for importing gold and silver which NAB says has caused losses to the treasury.

Other references against the former president deal with alleged corruption during the import of Russian and Polish tractors and the award of a contract to a Swiss company after allegedly receiving six per cent bribe on the revenue proceeds.

The court will announce the verdict on May 28.