A Moscow court has sentenced a former Russian economy minister to eight years in a high-security prison for corruption, in a verdict that is likely to send chills through the Russian elite. Alexei Ulyukayev was also ordered to pay a $2.2m (£1.7m) fine as part of the punishment for soliciting a $2m bribe from Igor Sechin, the chief executive of the state oil company Rosneft, who is widely seen as the second most powerful man in Russia after Vladimir Putin. Ulyukayev was arrested in a sting operation at Rosneft’s headquarters last year, after Sechin handed him a basket containing $2m in specially marked $100 bills. Sechin said in his testimony that Ulyukayev had asked for the bribe during a game of billiards at a summit in India.The former minister said he had never made any demands and assumed the basket contained sausages or wine. There was little evidence in the case except Sechin’s testimony, and he refused to show up at court despite receiving several summons. He said he was too busy. (Theguardian)…[+]