Johann Wanovits, 54, was also ordered to
pay 10 million euros in damages.
He was found guilty of receiving more than
1.5 million euros between 2004 and 2008 mostly in cash delivered in paper bags
and for fictional business in return for buying shares in the telecom on the
orders of the company’s three former managers, Reuters reported.
He defended his position by saying he
bought Telekom Austria shares to restore their natural value.