Spain's Princess Cristina, King Felipe's sister, has been found not guilty of the criminal charges she was accused of but has been ordered to pay €265,000 in civil liability damages in the Nóos corruption case, Spanish media reported on Friday.

The Princess's husband—and the King's brother-in-law—Iñaki Urdangarin, has been sentenced to six years and three months in prison and a €512,000 fine for abuse of authority, misuse of public funds, administrative fraud, influence peddling, and two counts of tax fraud.

He was found not guilty on other counts of several further fraud crimes.

Miquel Roca, lawyer to the princess, said after the verdict was made public that she was "satisfied" with the outcome, but defended Mr. Urdangarin.

"Princess Cristina believes and will continue to believe in the innocence of her husband", he said.

In an economic twist to the outcome, it will be the court that pays Princess Cristina some €335,000 because she had previously handed over nearly €600,000 to guard against a possible conviction.

Mr. Urdangarin's former business parter, Diego Torres, was sentenced to eight and a half years in prison and ordered to pay a €1.7 million fine.

The former First Minister of the Balearic Islands, Jaume Matas (PP), was sentenced to three years and eight months in jail.

Four other men were sentenced to less than two years in prison, and nine other people were found not guilty.

The anti-corruption public prosecutor in the Balearic Islands, Pedro Horrach, said his office would study the full content of the 742-page judgement before deciding later today whether or not to demand the immediate imprisonment of the King's brother-in-law and his former business partner.

Miguel Bernad, the chairman of Manos Limpias, the association that brought the private prosecution against the princess, told El Independiente that the judgement had been "too generous" and that "80% of the population will now doubt that law is the same for all".

Mr. Bernad was himself arrested last April accused of extortion, threats and belonging to a criminal organisation. He was bailed awaiting trial before Christmas.

Manos Limpias has been ordered to pay 100% of Princess Cristina's legal fees.

Correction: An earlier version of this article stated the complete judgement was 1,000 pages long. It is actually 742 pages long.