Srinagar, April 10 -- A special anti-corruption court in Srinagar on Wednesday acquitted three former officials of the Kashmir Valley Milk Producers Cooperative Federation in a Rs 3.13 crore corruption case dating back to 1999, ruling that the prosecution had failed to prove the charges beyond reasonable doubt.

The Court of Additional Special Judge Anti-Corruption, Srinagar, presided over by Mehreen Mushtaq, delivered the verdict in the case titled State through PS VOK vs Abdul Majeed Bhat and others, arising out of FIR No. 24/1999 registered by the then Vigilance Organization, now known as the Anti-Corruption Bureau (ACB).

The accused-Abdul Majeed Bhat, then In-charge Managing Director of the Federation at Cheshma Shahi, Srinagar; Gaya...