Three other persons apart from Jayalalithaa were also found guilty. They were reportedly slapped Rs 25 crore fine each.
The Tamil Nadu chief minister was convicted in the case that has dragged for nearly two decades. She was found guilty under Section 120 B of the Indian Penal Code.
AIADMK supporters created a major ruckus in Chennai following the court's verdict. Buses were burnt in the state and protests broke out in front of the residences of DMK chief M Karunanidhi and BJP leader Subramanian Swamy.