Ovens Valley MP Tim McCurdy has been found not guilty of falsifying paperwork for the sale of two dairy farms that netted him $270,000 in commissions.
Speaking outside court, Mr McCurdy blamed the proceedings on 'a few people with an axe to grind'.
He said judge George Georgiou's decision was a relief after years of pressure from the legal drama.
"Even though you can be confident of what the outcome could be, sitting before a jury is not a lot of fun," he said.
"I'm just delighted we got to this place with no case to answer."
Earlier today, Victorian County Court Judge George Georgiou discharged the jury and directed an entry of not guilty be placed on the record for each charge.
The judge found there was not enough evidence to support a conviction on all five charges.
He thanked the jury for their time and ordered findings of not guilty.
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"Even taking the prosecution evidence at its highest, you could not lawfully convict Mr McCurdy on any of (the) charges," the judge told the jury.
He said there was "simply no evidence" that was capable of proving the elements of the charges.
Mr McCurdy came out firing after the finding saying some people had dirt under their nails.
He said he was not considering civil action but people involved needed to 'be exposed for these false allegations'.
"In the passage of time that will all come out," he said.
"Some of these false allegations have come from particular people and it goes higher up the chain as well.
"...There are people involved in this with their fingerprints all over this and they need to be exposed."
Mr McCurdy was charged with three counts of using false documents, and one charge of obtaining and attempting to obtain property by deception.
Last week the prosecution alleged Mr McCurdy misused the name of a former colleague's real estate agency - Gilmour and Co Real Estate - to sell two Cobram farms.
Defence barrister Ian Hill QC said Mr McCurdy was involved with the sales legitimately with Andrew Gilmour's permission and approval.
- with AAP