Special CBI judge Shivpal Singh announced the sentence after hearing arguments on quantum of sentencing. The court also imposed Rs 5 Lakh fine on Lalu.
Earlier, during a press conference Lalu's wife Rabari Devi said that they had full faith in judiciary and they would accept the verdict, whatever it may be. "But they should remember that we still have High Court and Supreme Court to appeal against the judgement by CBI court", said Tejashwi.
He also slapped a Rs 5 lakh fine on the former Bihar Chief Minister.
According to legal experts, Lalu Prasad could apply for bail immediately at the lower court itself if the quantum of sentence happens to be less than three years.
The trial in the case was completed on December 13 in the special CBI court and 10 days later, he was convicted on December 23.
The court sentenced all 16 convicts in the case, from seven years to three-and-a-half years. The 1997 fodder scam case had virtually brought down his political career.
There were 34 accused in the case, out of which 11 died during the trial, while one turned CBI approver and admitted to the crime.
The case pertains to an alleged withdrawal of Rs. 89.27 lakh from Deoghar district treasury between 1994 and 1996.