Westfield was jailed in 2012 and banned from professional cricket for five years and club cricket for three for accepting
Danish Kaneria, who was banned for life last year, has also got the backing of former skipper Rashid Latif, who blew the whistle on the menace of match-fixing in Pakistan cricket in 1994.
The panel said Kaneria posed a grave danger to the sport and said he had attempted to lure other players into spot-fixing.
The PCB said it was handing down the punishment after Kaneria lost his appeal against the life ban imposed on him by the England and Wales Cricket Board this week.
Disgraced cricketer Mervyn Westfield on Wednesday said that he wants to help the next generation of players avoid succumbing to the lure of corruption as he did.
The ban effectively prevents him from playing all international and domestic cricket worldwide as boards under International Cricket Council (ICC) jurisdiction have agreed to uphold punishments imposed by individual countries in such circumstances.
Although imposed by the ECB, the now 32-year-old Kaneria's ban was effectively a worldwide sanction: boards under ICC jurisdiction have agreed to uphold punishments imposed by individual countries in such circumstances.
Kaneria was given a life ban by the ECB last year after a panel found him guilty of inducing his then Essex team-mate Mervyn Westfield to deliberately under-perform
Kaneria was banned last year for his role in a spot-fixing plot, but denied all involvement and immediately indicated his intention to contest the decision.
Sources aware of the case said the four-day proceedings of the hearing had nearly been completed.