Krajisnik, 61, was convicted pursuant to an indictment that charged him on the basis of individual and command responsibility with two counts of genocide and complicity in genocide, five counts of crimes against humanity, including extermination, murder, persecution on political, racial or religious grounds, deportation and inhuman treatment, and one count of murder as a violation of the laws and customs of war.
Krajisnik was acquitted of genocide, complicity in genocide and one charge of murder for lack of evidence, but was found guilty of the other charges.
The trial chamber found that Krajisnik had given approval for the start of a programme of expulsions of Bosnian Muslims and Croats at a session of the Bosnian Serb Assembly and that he had played a crucial role in the commission of the crimes for which he was convicted because he had held senior positions within the Bosnian Serb political leadership.
In the summery of its judgement, the trial chamber said that although the crimes that had taken place "constituted the actus reus of genocide" the evidence "does not show that the crime of genocide formed part of the common objective of the joint criminal enterprise in which Mr Krajisnik is shown on the evidence to have participated, nor that Mr Krajisnik had the specific intent necessary for genocide."
The time Krajisnik has spent in the custody of the Hague-based tribunal will be credited against his sentence.
Krajisnik was arrested by NATO-led peacekeepers on April 3, 2000 and was transferred that same day to The Hague. Four days later he made his first appearance before judges, pleading not guilty to the charges. His trial started on February 3, 2004 and ended on August 29 this year, with prosecutors demanding a life sentence.