by: Manuela D'Alessandro | Reuters

(Reuters) - An Italian court sentenced ex-Prime Minister Silvio Berlusconi on Thursday to one year in jail over the publication by his family's newspaper of a transcript of a leaked wiretap connected to a banking scandal in 2006.

Italian justice system rules mean the 76-year-old media billionaire would not have to serve any jail time until the appeals process has been exhausted, and a higher court may still overturn the ruling.