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EU prepares crackdown on ‘citizenships for sale’

Brussels is preparing to crack down on EU governments, including Malta and Cyprus, that award citizenships to rich people from outside the bloc, as concerns mount about so-called dirty money from Russia. 

Vera Jourova, the EU’s commissioner for justice, told the Financial Times that “citizenship for sale” schemes in eight member states will come under tougher scrutiny from Brussels as part of a wider drive against money laundering and corruption. 

She also alluded to worries about the origins of the wealth of Russian applicants for Maltese citizenship.

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