The Sanctions Files — a six-month Meridian investigation
The ledger they buried
A six-month review of leaked filings maps how a network of shell companies quietly routed billions past export controls — and how we checked every step.
Ceasefire holds along the border as monitors confirm both sides have withdrawn heavy weapons14:12 GMT
The Sanctions Files — a six-month Meridian investigation
A six-month review of leaked filings maps how a network of shell companies quietly routed billions past export controls — and how we checked every step.
How shell entities routed billions past sanctions.
Satellite imagery measured against the official statements.
Draft amendments trace back to the industries they govern.
How list prices climb while the reason stays hidden.
A look inside moderation systems built without appeal.
Independent labs could not reproduce a landmark result.
A nationwide tally nobody had compiled — until now.
Public utilities sold off in the fine print.
On-the-ground reporting from a region most outlets have left.
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We pursue reporting precisely because it is inconvenient. Every investigation carries its receipts — sources counted, documents logged, methods shown.
How shell entities routed billions past sanctions.
Why we're covering this
Sanctions only matter if they are enforced. When billions move past them unnoticed, the public has a right to see how.
Surveillance deployed without a public vote.
Why we're covering this
Surveillance bought in silence is surveillance no one consented to. We requested the contracts so residents could read them too.
A landmark result that would not reproduce.
Why we're covering this
Findings that cannot be reproduced should not quietly steer billions in spending. We followed the replication record, not the headlines.
Meridian is held to one standard: we show our work. No claim runs without sourcing, no figure without its origin, and no agenda sits behind the byline.
Every story lists what it is built on — documents, data and interviews — and labels how confident we are in each.
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When we get something wrong we correct it where you can see it, and we log every change beneath the story.