Bonilla is facing 58 to 87 years in jail as the Tegucigalpa court convicted her of three counts of misappropriation and eight of fraud, La Prensa reported.
Between 2010 and 2014 - at the time her husband Porfirio Lobo was the country’s president - the former First Lady diverted to her own account up to US$770,000 in public funds, including international donations for social programs, according to Reuters.
She then used the money to cover personal expenses, such as construction projects, medical bills, jewelry or her children’s education.
Bonilla was arrested early last year along with her brother-in-law and was charged with running a money laundering ring.
According to La Prensa, Bonilla’s former private secretary Saúl Escobar Puerto was also pronounced guilty, while her brother-in-law, Mauricio Moro Padilla, was acquitted.
Bonilla’s lawyer, as media reported, said she will seek to overturn the sentence, while her husband said he “will not rest until his Rose is free.” He has already announced he would appeal to Inter-American Commission on Human Rights, if needed.
The case was sent to the prosecutors by the Organization of American States' anti-corruption mission, while the investigators for the non-governmental National Anticorruption Council, an agency in charge of supporting the government in its policies and actions in the fight against corruption, informed the prosecutors about a $600,000 of government’s funds that Bonilla deposited into her personal account just five days before the end of her husband’s presidential mandate in early 2014.
Bonilla’s husband, Porfirio Lobo, who came into power in late 2009 following a military coup that ousted former President Manuel Zelaya, served as the country’s President until early 2014.
U.S. Federal prosecutors accused earlier this month Porfirio Lobo and his successor, Honduran President Juan Orlando Hernández, of “receiving campaign contributions from cocaine traffickers in exchange for protection,” but both Lobo and Hernández denied the accusations.