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Meridian.

Independent world journalism

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The Sanctions Files — a six-month Meridian investigation

Investigations

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.

The Front Page

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Investigations

The ledger they buried

How shell entities routed billions past sanctions.

Politics

Who owns the water now

Public utilities sold off in the fine print.

Most read

Investigations

Stories others won't touch

We pursue reporting precisely because it is inconvenient. Every investigation carries its receipts — sources counted, documents logged, methods shown.

Investigations

The ledger they buried

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.

Investigations

The study its funders didn't want retracted

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.

How we work

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.

01

Sourced in the open

Every story lists what it is built on — documents, data and interviews — and labels how confident we are in each.

02

No owner, no agenda

Reader-funded and independently held. No proprietor, advertiser or party shapes a single line of our coverage.

03

Wrong in public

When we get something wrong we correct it where you can see it, and we log every change beneath the story.