Money has no odour, but you can get stinking rich and buy yourself a new citizenship. There was a whiff of scandal in Russia last week, when it became known that Oleg Deripaska, the oligarch with ties to US President Donald Trump’s ex-campaign manager, Paul Manafort, has bought a Cypriot passport under a controversial scheme that allows rich investors to acquire citizenship and visa-free access to the European Union.

Deripaska was involved in another scandal recently, when Putin’s arch-foe, o...

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