"The conviction of Imelda [Romualdez] Marcos for seven counts of graft by the Sandiganbayan is a welcome development in our justice system".
She was sentenced to prison for 6 years and 1 month to 11 years for each case.
Imelda, 89, a sitting three-term congresswoman who is known for her huge collection of shoes, jewellery and artwork, once wielded enormous power in the Southeast Asian nation before her family was toppled in an army-backed popular uprising in 1986.
According to the Associated Press, the court has disqualified her from holding public office, but she will retain her House seat while she appeals the ruling. President Rodrigo Duterte counts the family among his supporters and has expressed admiration for Ferdinand Marcos. She can also file an application for bail.
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He said he had spoken to Sheikh Mohammed, the ruler of Dubai, who was "over the moon" with the result. Viewers reacted in horror after the Melbourne Cup hopeful pulled up lame in a mid-race mishap.
Marcos said in a statement that the decision was being studied by one of her lawyers who notified the Marcos family that he intends to appeal the decision.
The court's decision came 27 years after the case was first filed.
According to the Prosecutor, Imelda Marcos has the opportunity, against the conviction appeal.
However, she can still appeal the conviction. More than half of the roughly $10 billion allegedly siphoned out of the Philippines by the Marcos regime remains unaccounted for.
A spokesman for the Philippine president indicated on Friday that Duterte will not intervene with the court on Imelda Marcos' behalf. She may also elevate the case before the Supreme Court.
Representative Carlos Zarate, of the left-leaning Bayan Muna (People First) party, said the decision "puts to rest the Marcos family's contention that they have not amassed ill-gotten wealth nor plundered the country's coffers during their reign". The court records indicate that the Marcos using false names.