Former Russian Economic Development Minister Alexei Ulyukaev was found guilty of accepting a $2 million (€1.7 million) bribe and was sentenced to eight years in a strict regime colony, at Moscow's Zamoskvoretsky district court on Friday. Ulyukaev was handcuffed and taken into custody immediately after the verdict. The Court also imposed a fine of over 130 million roubles ($ 2,2 million; €1,9... Еще million) in addition to the prison sentence. Ulyukaev’s lawyers have already announced their intention to appeal the sentence. Ulyukaev deemed the sentence unfair and said that he would not give up in his fight. Before the hearing, the former minister appeared in the court room with only a small bag. Fending off journalists’ questions, he said that he sought a fair verdict and a «long and happy life.» Ulyukaev is convicted of soliciting a $2 million (€1,7 million) bribe from CEO of the Russian state oil company Rosneft Igor Sechin in exchange for approving the takeover of the Russian state-owned regional oil company Bashneft by Rosneft. He was arrested in November 2016 by officers from the Russian Investigative Committee.