Argentine Vice President Cristina Fernández has been sentenced to six years in prison.
According to Yahoo mail, the 69-year-old was found guilty of her involvement in a fraud scheme that embezzled $1 billion through public works projects during her presidency.
She was convicted of “fraudulent administration” by a three-judge panel for awarding public works contracts to a friend.
The verdict puts an end to Fernández’s political ambitions, as many had anticipated that she would run for president the following year.
She reacted angrily to the decision and claimed that the accusations were politically motivated.
“It is clear that the idea was always to convict me. This is a parallel state and mafia,” she said.
“I won’t be a candidate for anything, not president, not senator. My name will not be on any ballot,” she added.