The quantum of sentence in the case will be announced on October 3.
Lalu faces immediate disqualification as a Lok Sabha member as a recent Supreme Court order said that an MP or MLA would stand disqualified immediately if convicted by a court for crimes with punishment of two years or more.
In this case, the accused have been held guilty of fraudulent withdrawal to the tune of Rs 37.7 crore from Chaibasa treasury in the 1990s. Chaibasa was then part of undivided Bihar.
All the other accused including another former chief minister of Bihar, Jagannath Mishra, have been convicted in the case.
source: times of india