Dakar: Karim Wade, the flamboyant son of Senegal`s former president Abdoulaye Wade, was sentenced Monday to six years in jail in a graft case that has gripped the nation.
The presidential hopeful and former minister was found guilty of "illicit enrichment" and also fined the equivalent of more than 210 million euros ($230 million) but was cleared of the main corruption charge.
The 46-year-old had gone on trial in June 2014 charged with illegally acquiring companies and a large amount of real estate while serving in various government posts during his father`s 2000-2012 presidency.
Wade, who has been in custody since April 2013, denied the charges against him.
Prosecutors had sought a seven-year prison term and a fine of 380 million euros.
The verdict comes just two days after Wade was chosen by Senegal`s once ruling Democratic Party to be its candidate in the next presidential election.
After pursuing a successful career in finance in the City of London, Karim Wade returned to Senegal two years after his father`s 2000 presidential victory, and was soon tapped for a series of increasingly important public positions.
Those included simultaneous appointments to several key portfolios, earning him the nickname "minister of heaven and Earth."