by Cassie B., Natural News: Germany’s governing coalition is pushing to explore banning the right-wing AfD party by year’s end AfD now leads national polls at 29.5 percent, more than double the vote share of its leading challenger Chancellor Friedrich Merz is skeptical of a ban, but a top official in his own party backs […]

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by Rhoda Wilson, Expose News: After years of relatively low numbers, Fiji recorded 2,016 new HIV diagnoses in 2025. Officials point to methamphetamine injection, needle-sharing and a huge testing drive as an explanation. Not everyone is convinced by the official narrative. Some researchers are asking questions, based on the evidence.  In the following, Dr. Philip […]

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The West is run by the dumbest leaders ever.

Contact us: info@strategic-culture.su

It is a mark of our times that Western leaders are not only the weakest that they have ever been, but they are also the dumbest – with Donald Trump leading the pack. His latest initiative has enraged the business press, who have wheeled out all the experts to shoot it down in flames. Trump wants to limit diesel exports from the U.S., which he believes will drive down diesel pump prices in the U.S., but it is such a stupid idea that many political commentators are pointing out his own level of desperation by playing what one called “an economics game of roulette where if the ball lands on a red number we lose everything”. Experts predict that such an initiative would only reduce diesel prices by about 5 percent for American truckers, but, according to the economists at Goldman Sachs, will drive up gasoline prices at the pumps. Quite apart from the diesel ban also wrecking the global oil economy – which will have its own blowback with American consumers – Trump is showing that not only does he not have smart economists around him advising him on these late-night whims which come to him, but he himself understands practically nothing about how the U.S. economy works.

After giving the most vulgar and disgraceful speech at the UN, talking about himself like a Roman Emperor “annihilating” Iran – a civilisation which is about 4,000 years old – it is easy to see, though, how leaders like Trump exist, when there is practically no safety mechanism in place for a U.S. president to behave so appallingly and to be so reckless with the economy. Nothing from Congress, or even either the Speaker of the House or even leaders of either party, to condemn such narcissistic speeches or foolish policy decisions by a man who represents the greatest wrecking ball to Western civilisation as we know it. And even though we saw a glimmer of hope from U.S. media groups who boycotted his Oval Office sessions, few if any journalists are prepared to report on Trump accurately, preferring to give a gloss or simply bypass his buffoonery altogether. In such an environment where the press gives you a free card, is it any wonder that Trump in his second term in office is basically a New Jersey mobster who has lost his mind entirely – drunk on power and corrupted by it, like Rome’s last emperor who was looking for his chicken while the entire empire was collapsing around him?

The sad thing, though, is that he is not alone.

In the EU, we’ve never had such unremarkable, dithering, under-performing, corrupt political wasters as the current coterie of losers running the UK, France and Germany. The UK is particularly bad, as Andy Burnham and Ed Miliband capture the internet’s imagination for a few brief moments as they enter the UN auditorium – and the main takeaway from their perplexed expressions as they look into someone’s camera is that they appear to be both lost and out of their depths, like children on their first day at the big school. While all three throw all their weight behind war talk about the Russians coming – a scam designed to distract people’s attention away from failed public sectors, immigration and economies in tailspins – Burnham stood out this week, though, for a new policy initiative. He’s going to create an Orwellian new police department to control content on the internet, perhaps inspired by the EU’s own German fascist leader – er, European Commission president, I mean – Ursula von der Leyen, who hates free speech so much that she wants it outlawed altogether.

Trump may well end up looking smarter than the leaders of the UK, France and Germany, as these three bankrupt economies now have only one modus operandi, which is to create a phoney war with Russia – which they believe will deflect any blame aimed at them for when these economies hit rock bottom and all these clowns can offer is to turn to international banks and borrow even more. They know their time in office is limited, and so a war is the perfect solution – not only to divert attention away from their own failure but to also give a massive boost to their friends in the industrial military complex, who will be very grateful for the huge new contracts given to them. We should not be surprised that both the children of Trump and even Tony Blair have huge stakes in weapons companies and could really do with a war which shovels billions their way. Yet the diesel initiative from Trump could actually be the last nail in his coffin, as if he goes ahead with it and it proves to actually jack up gasoline prices, he is likely to lose both houses. Already droves of Republican senators and representatives are distancing themselves from Trump’s Iran war and higher pump prices; it’s hard to imagine how many more stupid lies Trump can tell, blaming others for his own self-made calamities.

By Kit Klarenberg | Global Delinquents | September 28, 2026

It’s rather forgotten today how Washington’s post-9/11 imperial adventurism was not restricted to military intervention. A core component of the Bush administration’s “Freedom Agenda” – under the auspices of which calamitous wars in Afghanistan, Iraq and elsewhere were waged – was overt sponsorship of civil society-led coups throughout the former Soviet Union, Warsaw Pact and Yugoslavia. Citizens of these regions, and the world, live with this meddling’s destructive consequences to this day. The seemingly never-ending – and ever-escalating – Ukraine proxy war is a particularly visceral legacy.

The 1983 creation of the National Endowment for Democracy, a US state entity avowedly concerned with executing overtly what the CIA once did covertly, ushered in a new era of “spyless coups”. Working in close conjunction with USAID and George Soros’ Open Society Institute, NED ever after provided funding, training and material assistance to NGOs, ‘independent’ media outlets, opposition groups, and other initiatives in service of regime change, across every corner of the world.

Come 9/11, NED and its confederates had devised a supremely cunning, cost-effective template for toppling troublesome governments – be they left-wing, nationalist, or even former US puppets who’d stepped out of line. The previous October, longtime Yugoslav leader Slobodan Milosevic was brought down in what the Washington Post bombastically dubbed “an extraordinary US effort to unseat a foreign head of state, not through covert action of the kind the CIA once employed in such places as Iran and Guatemala, but by modern election campaign techniques.”

At the anti-Milosevic effort’s forefront was Otpor! (Serbian: Resistance!), a rebellious NED-funded youth activist group. Through a mix of civil disobedience, non-violent resistance, rock concerts, street theatre, and graffiti, they fomented mass public opposition to the Yugoslav President. When election day came and official results pointed to Milosevic’s victory, an NED-funded “parallel vote tabulation” purported to expose major fraud, sending millions to the streets of Belgrade to peacefully demand the President’s resignation. Milosevic duly capitulated, in the face of seemingly overwhelming people power.

The supposedly heroic struggle of Otpor! and other US-supported anti-Milosevic groups was immortalised in a slick ‘documentary’, Bringing Down A Dictator. Milosevic’s fall provided a precise blueprint for future ‘color revolutions’ – so-called because frequently, the Empire-supported activists who led these mob putsches prominently adopted specific colours for their banners, branding and logos. Initially, US officials eagerly associated themselves publicly with this upheaval. Meanwhile, the mainstream media routinely published remarkably illuminating post-mortems of the revolts, extensively exposing Washington’s guiding hand and oft-enormous financial outlay.

Nonetheless, politicians, pundits and journalists alike universally framed colour revolutions as ultimately spontaneous uprisings by liberal, progressive elements with legitimate grievances, who yearned for democracy and freedom. In reality, they almost invariably produced corrupt, repressive governments that ruled via intimidation and brutality, including political assassinations. Post-colour revolution regimes also typically conducted sweeping privatisation and other ravaging ‘reforms’, destroying living standards for average citizens by prostrating their countries to the EU, IMF, NATO, World Trade Organization, and other mechanisms of Western economic, military, and political subjugation.

Slobodan Milosevic’s NED-orchestrated ouster is nicknamed the ‘Bulldozer Revolution’, due to iconic scenes during the upheaval of a wheel loader helping anti-government agitators occupy state buildings. However, its driver quickly turned against the “Revolution”. Subsequent “shock therapy” decimated Yugoslavia’s mixed market economy, causing his successful independent business to fail, and him to go bankrupt. He subsisted until his dying day on meagre state welfare payments. For most participants, subsequent colour revolutions were similarly an object lesson in being careful about what one wishes for.

‘External Shove’

In February 2005, President George W. Bush gave a swaggering address in Bratislava, Slovakia. He hailed how “in recent times, we have witnessed landmark events in the history of liberty.” This included Georgia’s November 2003 Rose Revolution, Ukraine’s Orange Revolution the next year, and Iraq’s Purple Revolution a month prior. “The advance of freedom is the concentrated work of generations,” Bush declared. He looked ahead to Moldova, and “inevitably” Belarus, “someday proudly [belonging] to the country of democracies [sic]”:

Moldova’s forced transformation into a staggeringly corrupt effective EU-US colony took many years. Belarus conversely remains stubbornly resistant to “freedom’s promise”, as defined by Brussels, London, Washington, and other centres of imperial power. Still, President Bush’s confidence was well-founded. Waves of insurrectionary unrest unleashed by his government’s “Freedom Agenda” had systematically swept away designated enemy governments one by one annually since he took office. Indeed, within weeks of Bush’s speech, Kyrgyzstan’s insufficiently pro-Western leader fell victim to yet another colour revolution.

He would not be the last. Prior colour revolutions had enthusiastically emphasised the importance of techniques of nonviolent resistance – many of which were crafted by Gene Sharp, who was intimately enmeshed within the US military and intelligence establishment for much of his life. However, Kyrgyzstan’s NED-created regime change army, KelKel – directly modelled on Otpor! – attacked police, torched government buildings and even carried out bombings. Their ferocity was actively encouraged and promoted by US-funded TV stations locally. Such belligerence subsequently became a colour revolution calling card.

That colour revolutions represented a formal weapon of war in the Empire’s post-9/11 arsenal was enthusiastically spelled out by arch-neoconservative Max Boot in late December 2004. He gushed how Ukraine’s Orange Revolution days earlier, which brought a pro-Western government to power, was “one of the most inspiring events” of that year. Boot declared the “triumph” and “miracle” of the revolution “should dispel the quaint notion still prevalent in many Western universities and foreign ministries that democracy is a luxury good suitable for rich countries”:

Boot boasted how Washington had “spent $58 million on democracy promotion in the last two years” in Ukraine. He proposed Kiev receive “expedited NATO and European Union membership,” to finish off the Orange Revolution. “In the meantime, we need to apply elsewhere the lessons of Ukraine” Boot demanded, suggesting “an obvious candidate for a similar transformation is Iran.” He explained, “it’s hard to think of a higher priority than the overthrow of the mullahs,” encouraging the Bush administration to prioritise “liberating Iran.”

‘USAID Help’

Such was the insurrectionary fervour of the time, in January 2006 USAID went to the extent of publishing a glossy magazine, Democracy Rising, revealing in detail Washington’s central role in fomenting “grassroots” rebellions as far afield as Afghanistan, Gaza and Lebanon. Dedicated sections on colour revolutions to date were replete with stunningly forthright passages. A section on Georgia’s November 2003 Rose Revolution described how NED had financed regime change training for local “lawyers, judges, journalists, members of parliament, NGOs, political party leaders, and others.”

The stated purpose of this investment was to give Georgians “a sense that they should regulate the government.” The Rose Revolution “was the climax of these efforts.” One recipient of US financial support remarked, “without foreign assistance, I’m not sure we would have been able to achieve what we did without bloodshed.” Meanwhile, several pages were dedicated to the Orange Revolution. It noted how thousands of Ukrainian journalists were given training in “investigative reporting”, bankrolled by NED and USAID.

An alumni told Democracy Rising this sponsorship “created a feeling that others stood with them ‘in the trenches’.” Concurrently, NED-affiliated Freedom House flooded the coffers of NGOs “that sponsored voter education, mobilized voters to get to the polls and observed elections.” These organisations “also held meetings, youth dances, rock concerts and karaoke to attract young voters,” and “ran public service ads on TV stations, informing people about their right to vote.” Meanwhile, “democracy trainers from Serbia, Slovakia, Russia and Croatia” were flown into the country.

In the second round of Ukraine’s presidential election, NED-financed NGOs claimed to have been inundated with tens of thousands of reports of fraud from voting stations all over the country, while exit polls they produced pointed to widespread rigging having denied pro-Western candidate Viktor Yushchenko a landslide victory. Vast protests, combined with opposition-organised general strikes, widespread civil disobedience and occupations of government buildings forced a rerun. A US-funded think tank apparatchik asserted:

For all the hype and self-assurance of Democracy Rising, its publication came at a time when colour revolutions were increasingly being viewed with hostility and suspicion at a state and public level throughout the Global South. In every case, the radical outcomes promised by colour revolution leaders and advocates failed to materialise, while US rhetoric about the commitment of resultant pro-Western regimes to democracy and freedom was a perverse fraud.

In Ukraine, US-installed Yushchenko implemented economic austerity, slashed regulations and social spending, bailed out criminal banks, broke open state industry and natural resources for foreign plunder, attacked the rights of Russian speakers, and began preparing the country for locally-feared NATO membership. Within just nine months of entering office, his coalition government – comprised of Orange Revolution activists – collapsed due to deeply corrupt battles with feuding Ukrainian oligarchs over control of key media and industrial assets.

Yushchenko was voted out in the January 2010 presidential election, finishing fifth in the first round with just 5.5% of the vote. As Empire house journal Foreign Policy lamented years later, the Bush administration’s much-vaunted colour revolutions all turned out to be “terribly disappointing.” Each and every time, “elite corruption still continued apace” and “promises of far-reaching change never really materialized.” Damningly, “maladies that typified the preceding regimes quickly came to describe” the governments created by colour revolutions themselves.

‘Revolution Business’

That’s quite some euphemism. In Georgia, longtime Soros acolyte Mikheil Saakashvili granted himself unilateral power in key policy areas, before brazenly exploiting his position to harass and jail business and political rivals. Saakashvili’s targets would be raped and/or tortured in prison, their ordeals filmed for primetime broadcast on local TV networks. Grave questions abound over his personal involvement in several suspicious deaths, including government ministers’. He was voted out in October 2012, despite NED’s best efforts.

Kyrgyzstan’s 2005 Tulip Revolution installed Kurmanbek Bakiyev, who proceeded to run the country as his personal fiefdom for five years. Bakiyev’s relatives profited exorbitantly from legally questionable privatisation of state industries. For example, his family signed a highly controversial $1.8 billion deal to supply fuel to a local US military base, close to Kyrgyzstan’s total GDP in 2003. Elsewhere, Bakiyev’s brother oversaw Bishkek’s security apparatus – arbitrary detentions, bogus convictions, torture, and murders of opposition activists, journalists, and politicians became commonplace.

Bakiyev was himself chased out of not only the presidential palace but Bishkek itself in April 2010, following a massacre of anti-corruption protesters in which up to 100 were killed and at least 450 wounded. Thereafter, Kyrgyzstan was plunged into economic and political chaos for a decade, with numerous governments collapsing along the way. The freest and most stable Central Asian state prior to the Tulip Revolution, it is only since 2020 – following another Anglo-American coup – the country has regained some semblance of stability.

A key player in that upheaval was British ambassador Charles Garrett. He arrived in Bishkek from Macedonia, where as this journalist has revealed from April 2016 he steered what was known as the “colorful revolution”. Illegally obtained, deceptively edited wiretaps seemingly implicating government officials in shocking crimes produced huge protests, featuring widespread arson attacks and brutal clashes between demonstrators and police. Garrett distributed cash to NGOs and activists involved in the unrest from his diplomatic pouch, encouraging them to cause mass havoc.

George Soros’ Open Society Foundations, NED, and USAID were also colorful revolution participants. Some protesters even proudly wore “Soros Army” shirts. Despite a huge public counter-revolutionary fightback, the tumult paralysed the Macedonian economy and state, leading to the installation of a doggedly pro-Western, dangerously dysfunctional administration that engaged in industrial scale graft, jailed political opponents on bogus charges, and changed the country’s name despite widespread opposition. Meanwhile, existing economic problems, including crippling brain drain, were gravely exacerbated.

The unfailingly disastrous results of colour revolutions surely contributed to White House officials abruptly and firmly distancing themselves from the entire enterprise, before the Bush administration’s second term was even over. The “Freedom Agenda” was quietly forgotten. The President – who in October 2004 openly mandated financial assistance to Belarusian opposition activists, and once publicly praised the Rose Revolution as an example to be followed throughout the Caucasus and Central Asia – went so far as to deny the US was in the “revolution business” at all.

‘Alternate Reality’

Colour revolutions have continued apace ever since, with the same strategies being recurrently applied the world over, to varying degrees of success. All along, non-Western governments – in particular China, Iran and Russia – have become increasingly vocal in their condemnation of and opposition to colour revolutions, in some cases passing legislation seeking to curtail the operations of foreign funded NGOs on their soil. Yet, the mainstream media long ago adopted a rigid Omertà on Washington’s culpability for civil society-driven destabilisation overseas.

In a striking example of this paradigm shift, in November 2004, before the Orange Revolution was over, The Guardian published a revealing report exposing the “US campaign behind the turmoil in Kiev.” The outlet stated unambiguously the revolt was “an American creation, a sophisticated and brilliantly conceived exercise in Western branding and mass marketing that, in four countries in four years, has been used to try to salvage rigged elections and topple unsavoury regimes.” NED, the State Department and USAID were all fingered as culprits.

Fast forward to July 2015 however, and a Guardian article on Russia’s banning of NED under foreign agent laws quite amazingly relied on a brief quote pulled from the Endowment’s official website to describe its operations. In the intervening time, the Maidan Revolution overthrew Ukrainian President Viktor Yanukovych in February 2014, setting Kiev on the warpath with Moscow. Washington’s irrefutable involvement was strenuously denied at the time by the mainstream media, and has been ever since.

Following the Ukraine proxy war’s February 2022 eruption, The New York Times took vigorous aim at independent journalists for spreading the “conspiracy theory” Maidan was US-orchestrated, dubbing the proposition an “alternative reality” and “Russian disinformation”. This is despite every prominent Maidan actor – including the individuals who started the demonstrations – receiving NED or USAID funding, leaders of US-bankrolled organisations in the country advertising their intention to overthrow Yanukovych years prior, and the Endowment spending $20 million in the country in 2013 alone.

After the outbreak of war in Ukraine, NED removed its grant records on Ukraine, listing its investment in a panoply of initiatives in the country over many years – many of which ultimately targeted Russia, one way or another. In mid-2024, the Endowment undertook the unprecedented step of removing grant records for the entire world. Today, brief entries on different geographical regions describe in vague terms the Endowment’s specific aims locally, and overall sums being spent. The crucial questions of where, and on what, aren’t clarified.

NED going underground makes the task of tracking and exposing contemporary colour revolutions difficult, but not impossible. In September 2025, mass rioting ignited in Nepal. Major news outlets without exception reported the fiery agitation as an organic burst of dissent by the country’s disaffected “Gen Z”, motivated by corruption, unemployment, and state censorship of social media. Publications barely acknowledged demonstrators committed serious crimes, including torching Nepal’s parliament and the Prime Minister’s official residence, which sent occupants fleeing in helicopters.

Based on publicly available information, the clear insinuations of a colour revolution could be discerned. An NGO that organised the protests, Hami Nepal, had clear links to organisations known to be in receipt of NED funding. Subsequent leaks amply demonstrated the Endowment and USAID expended substantial sums over the years preceding the coup training young Nepalese citizens how to protest, founding NGOs and political parties, and “advocate concerns” on issues such as corruption. Evidently, the post-9/11 “Freedom Agenda” never actually ended.

A high-profile scandal has rocked the European Union, exposing the thorough incompetence of the bloc, which is hell-bent on trying to undermine Russia’s sovereignty by aiding the illegal Kyiv regime. In an egregious incident, the Defense Minister of Estonia, Hanno Pevkur, resigned on September 3, 2026. While resignations may seem rather routine in the fast-moving […]

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While the country queues for petrol, import licences are being given to the network behind Mongolia’s largest corporate fraud. Mongolia spent August rationing petrol, as the country faces an ‘unprecedented’ fuel crisis. In response, the Government has made importing fuel more profitable, and has sped up the process for issuing new licences.[1]

By opening the gates, the government has allowed existing networks to exploit the crisis, including the one connected to Jononbayar Erdenesuren, the disgraced Mongolian businessman reportedly as being allegedly responsible for the $1.1 bn fraud scheme operated through Lex Oil, the fuel importer that was run by his aunt.[2]

Mongolia is heavily reliant on foreign oil, primarily from Russia. To import it, businesses need an ‘all-types fuel import licence’, issued by the Ministry of Industry and Mineral Resources, which decides through paperwork checks.[3] Foreign businesses cannot import directly — they must sell through a Mongolian-licensed entity.[4]

Some 164 companies hold an import licence. Of these, 34 have been granted since 2025.[5] The number of companies licensed to import fuel has more than doubled in under five years.[6]

They have also become considerably more valuable. Duty and excise on fuel have been zeroed, importers offered preferential loans and subsidised storage for reserves, and the customs service has been told to expedite clearance of petrol consignments.[7]

A number of companies granted all-types fuel import licences in 2025 and 2026 are connected to Jononbayar Erdenesuren and the Lex Oil network behind his $1.1bn scheme. That scheme was executed through the very exploitation of import licences.

None of these importers are required to disclose the amount of oil they import. Only 11 of the 164 licence holders imported fuel in the first days of August. When asked which 11, and how much each imported, the Customs General Administration refused to answer, citing customs law.

Lex Oil’s network is growing

Since 2025, two former Lex Oil CEOs have taken positions in dormant companies that then received fuel licences. In one case, the licence was obtained the same day the shareholding was registered.

Following five years of inactivity,[8] Standard Oil Gas appointed a new Director, Erdenebat Indra, in December 2025. Indra ran Lex Oil from January 2019 until February 2024 – nearly the whole period in which the losses accrued.[9] Six weeks later, Standard Oil was granted an import licence. Indra became a shareholder that same day.[10]

The pattern was replicated by Indra’s successor at Lex Oil, Banzragch Batdavaa.[11] Batdavaa bought into Best Dragon, a company with no prior fuel operations, in July 2025. It was granted import permits just two months later.[12] Batdavaa remains in business with both Mongolian and offshore entities linked to the scheme,[13] amongst them two Dubai entities – Peak Solutions (co-managed with Jononbayar’s mother)[14], and his own APEXPP commodities.[15]

Two other companies, granted licences in the spring of 2025, were already owned by individuals in the network. Tod Oil received its first licence in April 2025, although the company was incorporated six years earlier by entities closely tied to Jononbayar.[16] Its founder, Tod Petroleum, was co-founded by Lex Oil and former VS Oil CEO Bataa Anarchuluu.[17] Bataa continues to operate within the network, serving as the Executive Director of the helicopter business linked to both the scheme and the son of former Prime Minister Oyun-Erdene.[18]

Another, Apex Petroleum, was incorporated in October 2024 – the month the $1.1bn provision was made public.[19] Three of the five founding shareholders had previously founded businesses with Jononbayar himself.[20] These three include Mönkhjargal Javkhlan (son of a licensed importer linked to the Government)[21] and Jononbayar’s rumoured mistress, Yalaltbayar Khongorzul.[22]

Three further entities — ABR Eco Trans, Petro Spark and Standard Energy and Oil — have links to Jononbayar’s network. ABR was incorporated in October 2024 and licensed to import fuel in April 2025.[23] It has since taken on the founder of BID Energy, Bold Luvsandagva, as its shareholder and executive director.[24] In February 2026, ABR moved into the same unit BID Energy had occupied until that December.[25] BID Energy is Indra's other licensed importer. It was granted import licences in 2024, 11 weeks after Indra left Lex Oil.[26] Indra bought into the company and is now its ultimate beneficial owner.[27]

Another, Petro Spark, was licensed on the same day as Apex Petroleum.[28] Its owner, Yadamsüren Dorjchanga, holds a network of businesses with Yondon Uuganbayar.[29] Uuganbayar bought shares in Jononbayar’s family’s meat business, Erdenet Makh Market, two weeks after the Lex Oil scheme was disclosed in October 2024.[30]

The seventh company, Standard Energy and Oil, was licensed in 2025.[31] In May 2026, it was taken over by N. Monsor.[32] Monsor is a reported close contact of Jononbayar.[33] He was director of a Mongolian company, Sky Professional Logistics,[34] when it received over $7.5 million from an offshore entity called Class Trading Limited,[35] and distributed it the same day among nine recipients. These included Jocondy, a company owned by Jononbayar’s aunt, the founder of Lex Oil.[36] Jocondy was reportedly directed by Jononbayar at the time.[37] It is reported that Jononbayar had previously made transfers into Class Trading.[38]

These are not the network's first import licences. Nine companies linked to Jononbayar, the first being Lex Oil itself in 2019, were granted import licences before 2025,[39] meaning at least 16 of the 164 importers are connected to his network.

New Licences, Existing Networks

Even outside that seven, what distinguishes a successful candidate is often the individual owner, as opposed to the company profile. One grantee, TES Petroleum Trade,[40] is owned by the reported son of Baagaa Battömör,[41] a sitting MP who had previously run both Mongolia’s tax and customs administrations.[42] Two licences went to companies owned separately by partners in an existing fuel business.[43] Four more went to Chinese-controlled businesses, two of them on the same day. None was set up as a fuel business, and three were still unregistered for fuel activity when they were licensed.[44]

Of the 34 companies granted import licences by the Ministry of Industry and Mineral Resources in 2025 and 2026, 14 had been incorporated less than two years before the award.[45] Eight more of the organisations granted licences changed hands shortly before they were licensed.[46]

The Government’s Response

On 17 August, the Ministry of Industry and Mineral Resources warned that importers who failed to keep filling stations supplied could lose their licences. The Minister admitted that some importers were holding stock and not selling it.

Revoking a licence removes a registration but has no bearing on the individuals behind the businesses. With fewer regulatory checks, and more demand than ever, the doors are being left open to actors who previously exploited Mongolia’s fuel import regulations.

Mongolia scored 31 out of 100 on Transparency International's 2025 Corruption Perceptions Index, ranking 124th of 182 countries, its worst score on record. In September 2025 the US State Department reported that businesses in Mongolia face "substantial and unpredictable regulatory burdens at every level", with officials across ministries and agencies routinely contravening existing law and regulation. Unless the country creates laws transparently and implements them predictably, it warned, "investors may find Mongolia too risky and opt for more competitive countries."[47]

The victim of Jononbayar’s fraud scheme, Trafigura, used to be one of the most important importers of oil into Mongolia.[48] The fraud orchestrated by the playboy,[49] which personally enriched both himself and his family,[50] put that to an end. Now, the individuals involved are being allowed back in to exploit the crisis at the expense of ordinary Mongolians.

The crisis was a chance to show that direction had changed. Instead, the Government zeroed duty, offered importers preferential loans and subsidised storage, and issued 34 new licences — leaving at least 16 of the 164 with one network.  Now agents known to have exploited the same system previously, are being allowed in again.

Photo by Zbynek Burival on Unsplash

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[1] Government’s announcement that fuel import licence applications should be processed quickly and the licences granted, reported: https://ikon.mn/n/3pep and https://sonin.mn/newsDetail/18284

[2] Lex-Oil LLC granted fuel import licence in 2019: https://opendatalab.mn/search/5623979. Owned through his aunt, Dorjgochoo Erdenetul.

[3] In order to gain these, an applicant must produce its registration documents, prove membership of the relevant professional association, and file its contract with the fuel supplier in original: https://legalinfo.mn/mn/detail?lawId=208190

[4] https://www.bloomberg.com/news/articles/2024-11-02/trafigura-mongolia-oil-fraud-how-trader-faces-1-billion-loss

[5] Data as of 20 August, taken from https://license.mn/  (official electronic licence system)

[6] 80 companies Eighty companies held a licence to import fuel into Mongolia on 1 January 2022, recorded in the Ministry of Mining and Heavy Industry's register of petroleum products special licences, 22 March 2022: https://mmhi.gov.mn/wp-content/uploads/2022/03/ГТБ-тусгай-зөвшөөрлийн-жагсаалт-2022.03.22.pdf. 164 currently hold licences, per license.mn, the Ministry of Industry and Mineral Resources official register, as of September 2026: https://license.mn/.

[7] Tax and lending measures: https://mmhi.gov.mn/2026/08/06/. Expedited customs clearance: E. Oyun-Erdene, GoGo.mn, 17 August 2026, https://cmsm.mongolcontent.mn/r/6k9g8

[8] Standard Oil Gas LLC’s fuel import licence expired in 2020, and it recorded no other activity in the intervening period: https://opendatalab.mn/search/6120954  

[9] CEO of Lex Oil 2019-224: https://opendatalab.mn/search/5623979

[10] 6 February 2026: https://opendatalab.mn/search/6120954

[11] Batdavaa sat as Executive Director of Lex Oil from Feb-April 2014: https://opendatalab.mn/search/5623979

[12] Best Dragon, incorporated 2020, dormant until 2025 when ownership was transferred to Batdavaa. Fuel import licence granted 26 September 2025: https://opendatalab.mn/search/6574246

[13] B.Batdavaa is currently a shareholder of Diamond Oil and Energy alongside Oyunbileg Sainbileg https://opendatalab.mn/search/6552544. Sainbeleg is known to a key actor alongside Jononbayer, and remains director of one of the family’s  companies, Zuunnaim Oil: https://opendatalab.mn/search/5272378  

[14] Cedar Rose UAE corporate data accessed via Sayari, 21 August 2026: PEAK SOLUTION DMCC, commercial register DMCC194234, licence DMCC-855346, incorporated 5 August 2022;

[15] Offshore link reported in https://www.eureporter.co/world/mongolia/2026/08/13/the-helicopter-that-helped-topple-mongolias-prime-minister-linked-to-lex-oil-scheme/, Batdaava’s Linkedin states him as CEO of APEXPP Commodities: www.linkedin.com/in/batdavaa-banzragch-46120115a

[16] Tod Oil, incorporated 2019 by Tod Petroleum, granted licence 23 April 2025: https://opendatalab.mn/search/6415636

[17] Tod Petroleum, founded Lex Oil and Bataa Anarchuluu https://opendatalab.mn/search/6104894. Bataa served as VS Oil CEO https://www.opendatalab.mn/search/6225578.

[18] Listed as UBO of Alpha Aurora Aviation: https://www.opendatalab.mn/search/8376344

[19] Apex Petroleum was incorporated 17 October 2024 (https://opendatalab.mn/search/7078633). Trafigura’s statement on losses 30 October 2024: https://www.trafigura.com/news-and-insights/press-releases/2024/statement-re-trafiguras-petroleum-products-business-in-mongolia/

[20] Three founders:  Bayardalai Erdenezaya (founded Kem Tek with Jononbayar in 2016, and Commodity Trans with his mother in 2019); Mönkhjargal Javkhlan (registered at the same two businesses, alongside Diamond Oil and Energy), Yalaltbayar Khongorzul (co-founded Khongorfinance with Jononbayar in 2015),

[21] Reported to be the brother in-law and former campaign manager for the Minister of Economic Development: https://ergelt.mn/news/22/singile/40012

[22] Archived article: https://web.archive.org/web/20241113103634/https://www.reelnews.mn/a/1225 and X: https://x.com/miigaasbntv/status/1852208500715459004

[23] ABR Eco Trans LLC, incorporated 15 October 2024; wholesale permit 0016 from 20 March 2025 and all-types fuel import licence 0015 from 25 April 2025; https://opendatalab.mn/search/7077609

[24] Luvsandagva registered as ABR shareholder and joint beneficial owner on 24 November 2025 and as executive director on 29 January 2026; he founded BID Energy on 13 December 2023 with Baterdene Lkhagvadulam and was its first executive director: https://opendatalab.mn/search/7077609 and https://opendatalab.mn/search/8454485

[25] BID Energy moved from Bayanzürkh, 3rd khoroo, 12th microdistrict, Tsendgüni 30b, unit 53 on 1 December 2025; ABR moved into that unit on 2 February 2026, from Tokio 24a, unit 134 in the same microdistrict: https://opendatalab.mn/search/8454485 and https://opendatalab.mn/search/7077609

[26] BID Energy LLC, import licence 0015 granted 24 April 2024; https://opendatalab.mn/search/8454485. Indra was executive director of Lex Oil from January 2019 to February 2024: https://opendatalab.mn/search/5623979.

[27] Indra registered as BID Energy shareholder and executive director on 16 August 2024 and as sole ultimate beneficial owner on 1 December 2025: https://opendatalab.mn/search/8454485

[28] Petro Spark LLC, incorporated 8 May 2024, sole shareholder and beneficial owner Yadamsüren Dorjchanga; import licence 19 May 2025, the same date as Apex Petroleum: https://opendatalab.mn/search/7025169

[29] Joint holdings with Yondon Uuganbayar: Mongolian Truck Union Group LLC, https://opendatalab.mn/search/6840175; Novel Development Union LLC: https://opendatalab.mn/search/6894402; and the Gobi Genetics, https://opendatalab.mn/search/3646203  

[30] Uuganbayar owns Mon Beef Cattle: https://opendatalab.mn/search/8324328 . Mon Beef Cattle acquired Erdenet Makh Market LLC, from Dorjgochoo Erdenetuyaa 24 October 2024, days before the scheme was disclosed.

[31] Standard Energy and Oil, received wholesale permit in June, the import licence that September:  https://opendatalab.mn/search/6754244

[32] Monsor became the director of Standard Energy and Oil on 5 May 2026. It was acquired the same day by an investment fund, then owned by Dorj Enkhtuya (renamed KK Real Estate private fund two days later): https://opendatalab.mn/search/6607829. Mansor was the previous manager of that fund, and founded it himself through another vehicle he still owns and manages, Ulaanbaatar Asset Management: https://opendatalab.mn/search/5493498 . He became the CEO of Standard Energy and Oil on the day it was taken over by KK Real Estate.

[33] Reported in https://www.livetv.mn/p/11193/ and in https://www.polit.mn/a/69636

[34] Monsor is reported to have run Sky Professional Logistics: https://www.livetv.mn/p/11193. Court records state the executive director of Sky Professional Logistics concluded a wagon-transport agreement with the head of Ulaanbaatar Railway on 28 July 2017, naming him as Н.Монсов: https://shuukh.mn/single_case/19024

[35] Reporting states that US$7,545,900 was transferred from Class Trading Limited to Sky Professional Logistics on 8 August 2017 https://gogo.mn/r/5292y. Class Trading Limited was incorporated in the Turks and Caicos Islands and registered a Hong Kong place of business on 13 May 2015: Hong Kong Companies Registry, Company Particulars, BRN 64752427.

[36] Jocondy was founded by Dorjgochoo Erdenetuul, https://opendatalab.mn/search/5247632. She is Jononbayar's maternal aunt and the owner of Lex Oil LLC: https://opendatalab.mn/search/5623979 and https://zuv.mn/n/16a3.

[37] Reporting records US$612,400 paid to Jocondy and describes Jononbayar as its director at the time: https://gogo.mn/r/5292y and https://dardas.mn/news/view/2970

[38] Reported that Jononbayar sent $500,000 to Class Trading in 2014: https://dardas.mn/news/view/2970

[39] 2019: Lex Oil, 2019 https://opendatalab.mn/search/5623979,Tod Petroleum, https://opendatalab.mn/search/6104894. 2020: ICIC, https://opendatalab.mn/search/5288193 VS Oil, https://opendatalab.mn/search/6225578, Zuunnaim Oil https://opendatalab.mn/search/5272378. 2022: Argal Oil https://opendatalab.mn/search/6309011. 2023: Alpha Aviation Fuel https://opendatalab.mn/search/8403473. 2024:  BID Energy https://opendatalab.mn/search/8454485 · Interasia Energy Mongolia, 2024 https://opendatalab.mn/search/6902987. Register of all 164 holders: https://opendatalab.mn/licences/15

[40] Tes Petroleum Trade, licenced 21 February 2025: https://opendatalab.mn/search/6373135

[41] Paternity reported in: https://ergelt.mn/news/22/single/40012

[42] Battömör has sat in the State great Khural since 2016, he was deputy head, then head of the State Customs General Administration from 2008-11 and Head of the Tax General Administration from 2011-13: https://www.24tsag.mn/a/227052  

[43] Greenjob, owned by Batsukh Baigalmaa, granted licence in October 2025: https://opendatalab.mn/search/5645867; and Gobi Petroleum GPT, owned by Onurbat Ragchaa, granted a licence September 2025: https://opendatalab.mn/search/7121913. Together they are exclusive owners and directors of Green Oil Trade since incorporation in 2020: https://opendatalab.mn/search/6528716 

[44] Tana Khiimori Oil - received import licence 11 August 2025, First registered for fuel-related activities 15 August 2025

: https://opendatalab.mn/search/7080033; Talnutgiin Ayalal - received import licence 11 August 2025, First registered for fuel-related activities 15 August 2025: https://opendatalab.mn/search/5887488; 

Achit Güür MS - received import licence 14 Jan 2026, Remains unregistered for any kind of fuel-related activity (registration codes are for freight, agriculture, tourism and motor vehicle sales): https://opendatalab.mn/search/6891802; Söüd Mont Forest - received import licence 11 December 2025, Registered for fuel wholesaling 6 December 2025,  (previous registration codes are for motor vehicles, freight, automotive sales and machinery),  https://opendatalab.mn/search/7058649.

[45] Data as of 20 August, taken from https://licence.mn/  (official electronic licence system)

[46] Data as of https://licence.mn/ checked against https://opendatalab.mn/search/[registration number]. “Changed hands” to mean change of shareholder, director or beneficial owner within twelve months on either side of grant.

[47] https://www.state.gov/wp-content/uploads/2025/09/638719_2025-Mongolia-Investment-Climate-Statement.pdf

[48] Trafigura supplied around a third of the region’s oil products, particularly diesel: https://eulerpool.com/news/markets/trafigura-in-crisis-mongolian-oil-credit-causes-million-loss; deals undertaken through the scheme said to account for around 80% of Mongolia's imported oil products: https://eguur.mn/556936/

[49] Jononbayar known for “parties he threw for friends and contacts” per Bloomberg: https://www.bloomberg.com/news/articles/2024-11-02/trafigura-mongolia-oil-fraud-how-trader-faces-1-billion-loss; reported to have thrown some of the “most expensive parties in Mongolia” https://eguur.mn/556936/

[50] https://zuv.mn/n/16a3; https://itoim.mn/a/2024/07/22/news-break/ugg

On 10–11 June 2026, the European Commission hosted a thematic workshop of the EU Network against Corruption in Brussels to support the preparation of the first EU Anti-Corruption Strategy, as announced in the Commission Work Programme 2026.

The workshop brought together representatives of member states, EU institutions and bodies, civil society organisations, and academia to discuss how to develop a more coherent and comprehensive EU approach to combating corruption.

The future Strategy builds on the 2023 Joint Communication on the fight against corruption and aims to bring together prevention, enforcement, institutional integrity, and international cooperation within a single strategic framework.

Day 1, dedicated to Member States and EU bodies, was opened by Marie-Hélène Boulanger, Acting Director for Rule of Law, Fundamental Rights and Democracy. Discussions focused on the key elements of an overarching EU anti-corruption approach, including the implementation of Directive (EU) 2026/1021. Participants highlighted the importance of preventive measures, particularly risk assessment, as a cornerstone of effective anti-corruption policies. The workshop also examined the enforcement dimension of the EU anti-corruption framework, with discussions covering the effective criminalisation, detection, investigation and prosecution of corruption offences, as well as the role of cross-border cooperation and information exchange.

Day 2, which expanded participation to include civil society organisations and academia, was opened by Irena Moozová, Deputy Director-General of DG Justice. Discussions centred on the development of a whole-of-society approach to combating corruption, recognising the important role of education, research, civil society, the media and other stakeholders in fostering a culture of integrity across society. It also looked at better use of data to detect corruption risks and analyse gaps. 

The workshop formed part of the Commission’s broader consultation process for the preparation of the Strategy. This process also includes a Call for Evidence, an Open Public Consultation, and targeted stakeholder consultations.

Ukrainian anti-corruption services launched searches under codename “Operation Forrest Gump,” targeting, among others, the deputy head of the Office of the President of Ukraine Volodymyr Zelensky. The move expands the ongoing anti-corruption investigation which has seen a number of top officials in Zelensky’s cabinet flee to Israel shortly before police could raid their homes.

The National Anti-Corruption Bureau of Ukraine (NABU) and the Special Anti-Corruption Prosecutor’s Office (SAPO) announced they were conducting a special operation involving a criminal organization led by a current and former member of parliament, with the participation of high-ranking officials from the Office of the President of Ukraine.

“NABU and SAPO are conducting a special operation aimed at exposing a criminal organization that operated under the leadership of a current and former member of the Ukrainian Parliament, with the participation of high-ranking officials of the Office of the President of Ukraine and other individuals. Details – coming soon,” announced the anti-corruption services on Telegram.

The operation is codenamed “Forrest Gump,” also referred to as Forest Gump. Ukrayinska Pravda sources and other media reported that NABU and SAPO are conducting searches as part of this special operation at premises belonging to MP Vadym Stolar, who was elected to parliament on behalf of the currently banned Opposition Platform – For Life party.

In addition, Iryna Mudra, deputy head of the Ukrainian Presidential Office, is also targeted in the raids.

Stolar has confirmed the investigative actions at his home and stated he is fully cooperating without obstruction.

Additional figures linked by media and law-enforcement sources include former MP Maksym Mykytas, officials from the Ministry of Justice, and senior management of the state-owned Sense Bank including the chair of the board and supervisory board. Searches were also reported at the bank premises.

‘Fuel further corruption’ – Italy rejects sending Ukraine more weapons as Salvini points to major ‘golden toilet’ corruption scandal

NABU has released excerpts of intercepted conversations.

Fragments reference “bags of money,” discussions of registering assets or proceeds in the names of children, including high tuition costs, the “Forrest Gump” name itself in a context of concealing theft, and mentions of the Office of the President.

As EuroMaidan writes, “The operation carries a mocking name, Forest Gump, drawn from the suspects’ own words. In a 47-second recording of intercepted conversations, one man ties the label to how the group allegedly hid money.”

The suspect mocks that one of the co-conspirators used his children’s own name to register the stolen money.

“We’ve got Saving Private Ryan, right? But only an idiot would register the theft of money—and their tuition on top of it—on their own children. That’s why, Forest Gump,” he said.

‘Biggest corruption scandal in Ukraine’ – Bundles of cash and even a gold toilet discovered after Zelensky’s ‘cash wallet’ flees Ukraine before police raid

Ukrainian anti-corruption investigators reportedly chose the name “Forrest Gump” to mock these statements from their own criminal targets.

Other parts of the conversation reference cash and the presidential administration directly. “Well, there are four bags of money there,” one voice says on the tape.

Another chimed in, saying: “If we do this, you can drive to the Office of the President yourselves. Believe me. I can see it.”

Investigators allege the group gained effective control over Sense Bank around early June 2026.According to NABU/SAPO details released as part of the operation, the group organized money laundering of $3.5 million in cash (UAH 150 million).

The funds were introduced into legal circulation through accounts of shell companies and Sense Bank to post bail for one of the defendants in the earlier “Midas” case, which was linked to former Energy and Justice Minister Herman Halushchenko.

Cash was reportedly delivered in tranches, processed via controlled entities, and partially directed toward the High Anti-Corruption Court bail account. Allegations include that Mudra was expected to help arrange the raising of these funds and that unidentified individuals from the President’s Office tasked her with efforts related to bringing Sense Bank under greater control.

Investigators also seized a document described as an anti-crisis communications playbook outlining steps and messaging to shape public opinion around a Verkhovna Rada temporary investigative commission, framing it as an “audit, not attack” while shielding President Zelensky and his cabinet.

The probe has also documented alleged attempts to place controlled individuals in NABU and other law-enforcement bodies.

Incredibly, NABU has already posted these documents directly to Telegram.

Who is involved in the broader corruption scandal in Ukraine?

One of the main suspects in the related investigation is businessman Tymur Mindich. He is the co-owner of the Kwartal 95 production studio, which was founded and headed in the past by Ukrainian President Volodymyr Zelensky.

Fearing arrest in the Energoatom affair (Operation Midas), Mindich fled to Israel. The Midas case centers on alleged large-scale kickbacks, approximately 10–15 percent of contract values, at the state nuclear company Energoatom, involving roughly $100 million in illicit funds, with the group using code names and cash deliveries.

During searches of Mindich’s premises in November 2025, investigators found large quantities of cash and a golden toilet, along with a golden bidet, in one of the bathrooms of his opulent Kyiv apartment —details that became a public symbol of excess and were widely referred to as the “golden toilet scandal,” which Remix News reported extensively on.

As ‘golden toilet’ corruption scheme slams Ukraine, support for Zelensky falls below 20%

Mindich was not the only key figure to flee to Israel. His close associate, Oleksandr Tsukerman, also fled. The country does not extradite its citizens but Ukraine later imposed sanctions and issued international arrest warrants.

Among the suspects in the Midas scandal was the former head of Volodymyr Zelensky’s office, Andriy Yermak. The former head of the Ukrainian Presidential Office has been charged under the Criminal Code of Ukraine with laundering property obtained as a result of a crime. The alleged laundering of UAH 460 million, about $10.5 million, allegedly occurred during the construction of the Dynastia luxury housing complex in Kozyn near Kyiv.

Ukraine’s anti-corruption bureau searches home of Zelensky chief of staff Andriy Yermak amid ongoing scandal at heart of government

According to investigators, some of the funds used for the construction may have come from corruption activities at Energoatom. The court then issued an arrest warrant for Yermak.

It stipulated that he would be able to be released if he paid bail of 140 million hryvnias. In mid-May, Andriy Yermak was released from custody after posting bail.

The Forrest Gump operation is now being presented as connected to the wider Midas network of allegations involving high-level influence over strategic state enterprises, money laundering, and related luxury projects. Developments remain ongoing, with NABU indicating further details would be released.

Polish state media outlet TVP reported: “The latest operation could further intensify scrutiny of the political establishment as President Volodymyr Zelensky’s government faces pressure to demonstrate progress in tackling corruption while Ukraine continues its war with Russia. It also poses a fresh headache for Zelenskyy after ousted defense chief Mykhailo Fedorov called for wartime elections in a bombshell statement late on Tuesday.”

The question now remains: Is the noose tightening around Zelensky himself, or will he emerge from this massive corruption scandal of close associates squeaky clean?

The post Ukraine corruption scandal deepens: ‘Operation Forrest Gump’ shocks Zelensky government with more searches appeared first on Remix News.

A lot is written about corruption, but fundamentally it’s about trust and how healthy societies can’t exist without it; and the World Cup has shown what happens when trust breaks down. The decision to allow U.S. striker Folarin Balogun to play in the World Cup match against Belgium was, according to FIFA, made by the relevant disciplinary committee in a routine manner. However, following the similarly generous treatment accorded to Portuguese megastar Cristiano Ronaldo before the tournament began, a lot of people not unreasonably questioned whether the rules were being set aside for commercial reasons.

It’s only football, so does this matter? In some ways, of course not. But I think the episode is instructive of how quickly trust can disappear. No one is under any illusions that FIFA is motivated purely by the desire to spread sweetness and light, thanks to corruption scandals, the grotesque “peace prize,” and all the other nonsense. But previously, what happened on the pitch was assumed to be sacrosanct, which is why these disciplinary decisions mattered more than it at first might appear.

Shortly after the U.S.-Belgium game, Argentina played Egypt, coming back from a two-goal deficit to achieve a remarkable 3-2 victory. I watched the game with my family, and it was notable how — instead of being amazed by Lionel Messi’s wizardry — all of us focussed instead on a refereeing discrepancy that led to a goal for Egypt being ruled out, and a seemingly identical one for Argentina being allowed. 

Previously we would have given the referee the benefit of the doubt: even if he’d made a mistake, we’d accept it was an honest one. But now we knew that the tournament had intervened to keep bankable stars playing for longer, in violation of its own precedents and regulations. Any decision that has that effect, as this one did, was immediately suspect. 

In the past, particularly when living in Russia, I used to hear a lot of Westerners being quite enthusiastic about corruption: it was nice they’d say, if they’d been stopped speeding, to be able to pay the police officer a bribe on the spot, and skip all the annoying paperwork. But that was a short-sighted way of looking at it: once a police officer, or anyone else in a position of power, gives anyone special treatment, then the trust that keeps all our interactions civilised, starts to break down. The more it is broken down, the harder it is to repair.

I am not particularly interested in football (Welsh rugby, on the other hand), which is a game I find both dull and mercenary. Besides, the Welsh team tends not to be very good. But I am interested in corruption, and I was surprised by how angry the Balogun affair made me. If you love a game, you need to hate its arbiters giving out special treatment, even if you are the beneficiary of it. That is a lesson quite a lot of politicians need to learn, both in the United States and elsewhere.

A report from the Anti-Corruption Data Collective makes particularly grim reading in this light. Lobbying by “high-risk foreign individuals” is higher under Donald Trump than it has previously been; the amounts being spent are often obscure; much of the lobbying is to overturn previous anti-corruption efforts; and, most worryingly, efforts are aimed not just at individual cases, but at the whole principle of fighting corruption.

“If these influence campaigns are successful, this sets a dangerous precedent where the standard for holding corruption accountable shifts according to whoever holds power in Washington. For those seeking to undo consequences of their corrupt acts, each time lobbying works, it confirms that there is a price at which these consequences can be undone,” the report notes. So just like football then.

Cometh the hour, cometh the bin

Sunlight, it is often said, is the best disinfectant. Though I don’t know if that’s literally true when it comes to bacteria, transparency is certainly a useful antidote to the kind of backroom deals that make corruption possible. Generally speaking, politicians honour this idea in principle, if not necessarily in practice, so it’s unusual for British far-right politician Nigel Farage to have launched an election campaign on the single issue that he personally should be allowed to keep his financial affairs secret.

All the other major parties have decided to sit this one out until the official inquiry into Farage’s finances is concluded, at which point there may well be another by-election anyway, leaving serial novelty candidate Count Binface to provide the main opposition. It’s odd to think that someone who obscures his face behind a giant rubbish bin and pretends to be a spacelord from the planet Sigma IX could be the voice of transparency, but it’s 2026, and that appears to be where we are. It would be genuinely hilarious if he won.

Of course, while we’re distracted by the attention-seeking behaviour of tiresome bores like Farage, actually important things are happening elsewhere. It’s definitely worth taking a look at this report into the Iranian drone industry, which illustrates how changes in the world economy have led to a weakening of American influence in particular, and Western influence in general.

This growth of a multi-node decentralised trade system is paralleled by the growth of the large and highly-efficient ‘Chinese Money Laundering Networks,’ which operate with the same scale and speed as any large financial institution, and now dominate illicit crypto activity. This is an interesting paper on how military strategists should think about money laundering, considering its significance in allowing adversaries to buy components for drones, and so on. 

We also need to remember, however, that by using money laundering legislation and sanctions profligately, we are lessening their effectiveness by teaching people how to evade them. Like antibiotics, we’ll miss them when they don’t work anymore.

A version of this story was published in this week’s Oligarchy newsletter. Sign up here.

The post FIFA’s games betray our trust appeared first on Coda Story.

The United Kingdom has taken over the presidency of the Financial Action Task Force, the global standard-setter on tackling money laundering, and seems determined to keep calm and carry on despite the gigantic Donald Trump-sized hole being blasted in everything it’s trying to do.

The new president of the Financial Action Task Force is Giles Thomson, a career civil servant and archetypal safe pair of hands, who’s declared that the organisation’s priority for the next two years is fighting fraud. He estimated the global cost of fraud at $500 billion, which — if compared to the standard estimates of the volume of global money laundering as making up 2 to 5% of everything — means it contributes between a tenth and a quarter of all profits from financial crime.

Fraud is clearly thus a Very Big Deal, and therefore a well-chosen target for Thomson because everyone (including me) agrees that we need to hit it. However, I think I saw a hint of other perhaps more controversial tasks in the rest of his proposed priorities. The suggestion, for example, that the Financial Action Task Force (FATF) will conduct “proportionate assessments of lower capacity countries” looks to me like a recognition that it needs to stop criticising poorer countries that don’t actually launder money just because their legislation isn’t perfect.

This has been a weighty accusation in the past, not least because of the implicit suggestion of racism, made by, among others, regulator Charles Littrell, who summarised the FATF’s great flaw in 2022 thus: “the vast majority of dirty money and assets resides in, passes through, or is facilitated by the world's largest and richest countries. How then do the world's main [anti-money laundering] risk rankings invariably centre blame upon small, relatively poor, and nonwhite jurisdictions?”

This is not an academic question. Being blacklisted by the FATF is serious, and there has been definite unfairness in the past in which countries have ended up being singled out for a punishment beating. Hopefully a recognition of this reality is hidden somewhere inside Thomson’s rather gnomic utterance that “the FATF will support countries and the private sector to focus effort where the threat is greatest.”

Fortunately, the FATF will have an immediate opportunity to demonstrate that it shows neither fear nor favour when it comes to doing the right thing when it publishes the results of the ongoing evaluation of the United States. 

The U.S. was last evaluated in 2016, and the FATF made various recommendations, which Washington was supposed to have implemented within three years, and sort of did. With the passage of the Corporate Transparency Act in 2020, some progress was made, but since Donald Trump returned to the White House that has gone into screeching reverse.

Prosecuting foreign corrupt practices is “not a priority, ”transparency around residential ownership has been suspended, the Corporate Transparency Act  has been gutted, and crypto is everywhere. Above all, of course, the president himself has been making money at a rate that even Vladimir Putin would have to admire. His headline earnings figure —  $2.2 billion in the first year of his second term —  is clearly unprecedented, but so are the details. 

What for example will future historians make of the fact that the president declared his ownership of the trademark for “THINK BIG AND KICK ASS”? Ha, trick question, there won’t be any historians. They’ll have been replaced by AI.

Tether watch

Talking of history, I had slightly been hoping that the U.S. dollars in circulation might hit the appropriately round number of $2.5 trillion to mark the round 250th anniversary of the Declaration of Independence, but it was not to be. If only the Fed had launched the $250 bill in time, perhaps it would have got there, but we’ll just have to wait.

Meanwhile, there’s an interesting time ahead for Tether, this newsletter’s favourite cryptocurrency, which is sailing into choppy waters. It has decided to pull its USDT out of the European Union rather than to comply with the Markets in Crypto Assets regulations on stablecoins, which is a boost for its great rival Circle (USDC), which is very much available in Europe. 

The two big stablecoins have markedly different strategies: Tether is dismissive of regulators, while Circle cosies up to them. And now here comes a new rival in Open USD, which is backed by many of the world’s largest banks and tech firms, and which also promises to abide by everyone’s regulations. Is Tether at risk of becoming irrelevant?

Congo’s conflict coltan

Huge credit to the good folks at Global Witness for this report from the Democratic Republic of the Congo, where coltan smuggling is helping to perpetuate the grim conflict in the east of the country. It is the kind of methodical, thorough research that really helps open your eyes to how grim things can be, and how complicit the rest of us are in a global supply chain forged from conflict. 

Congolese people hack coltan out of the ground under the eyes of M23 guerrillas, who then smuggle it into Rwanda, where it is repackaged as Rwandan and given certification intended to show it’s not from a war zone. It is then shipped to refiners in China or Kazakhstan to be processed into tantalum, which is in turn sold to leading companies to be incorporated in the phones, tablets, jet engines, and other products that we all rely on for our lovely modern lives.

“Rwandan official figures show that coltan exports have increased more than 2.5 times between 2021 and 2025,” the report notes. “Coltan is an important revenue stream for Rwanda, which levies a 5% tax on exports. Since 2023, it has become the country’s second-largest export earner, after gold.”

And where does the gold come from? Also from the Congo, which is why the U.S. Treasury sanctioned a Rwandan gold refiner last month, following action taken by the European Union against the same company last year, but it has done little to rein in M23.

A version of this story was published in this week’s Oligarchy newsletter. Sign up here.

The post Holding the U.S. to account, Tether exits EU & Congo’s conflict coltan appeared first on Coda Story.

I was listening to Ezra Klein interviewing a left-wing Democratic Party strategist the other day about what a post-Trump U.S. foreign policy might look like, and it was a pretty striking demonstration of Europe’s irrelevance right now that the only Western European country mentioned in the 90 minutes of the chat was the UK, and that was solely in the context of how it helps kleptocrats.

But aha, a notional Brit might have replied, at least we are about to convict Diezani Alison-Madueke, former head of OPEC, ex-Nigerian oil minister, for her alleged egregious corruption. That notional Brit would be feeling pretty foolish right now though, because this was yet another flop, with her being acquitted on all charges. 

Britain has a dire record both when it comes to enabling corruption and when it comes to successfully investigating it, as the failure of yet another high-profile prosecution shows. This latest fiasco should be the impetus the country needs to at last provide the resources and officers that its law enforcement agencies require.

Alison-Madueke saw the hand of divine providence in her acquittal. “It has been a hard journey,” she said, “but I tell you this, God will always do as he will. God will be God and God is not a man that he should lie; when he promises you something, he will see it through” — and who am I to say that she’s wrong? However, there are other potential explanations for what has happened beyond the Almighty manifesting at Southwark Crown Court to give instructions to the jury, including the entrenched incompetence of British police agencies.

It’s hard not to see a parallel with the failed attempt six years ago to investigate Dariga Nazarbayeva, daughter of the former president of Kazakhstan and possessor of a reasonable-to-large London property portfolio, which saw the National Crime Agency (NCA) being comprehensively outwitted by defence lawyers, just as it has been again.

“Today’s verdict is a major blow for the NCA who have come away empty-handed in one of their highest-profile corruption cases, which took over a decade to progress to trial,” said Zainab Saleem, Legal Fellow at Spotlight on Corruption. "It is vital that the UK government properly resources law enforcement agencies tasked with investigating complex bribery and corruption cases and does not take this defeat as grounds for rowing back on anti-corruption enforcement.”

It will be interesting to see what, if anything, results from the suggestions that the new Supreme Leader of Iran has been moving his wealth merrily around with the help of various Western banks, all of it now being investigated by the U.S. Department of Justice. “Funds for the transactions have been routed through financial institutions in the UK, Switzerland, Liechtenstein and the UAE,” reports Bloomberg.

What is the answer? Whatever it is, it will be even more embarrassing for the UK if it doesn’t come up with something plausible by the time it convenes its Illicit Finance Summit in December. (Unless it ends up being rescheduled again, like one of those meetings that no one actually wants to attend but also no one wants to be responsible for cancelling.)

Still, credit where it’s due, at least efforts to improve Companies House — the UK’s formerly-disastrous corporate registry — appear to be finally bearing fruit. It has sent almost a million enforcement letters to people who haven’t verified their identity, which must have been — at the very least — a useful money-spinner for the post office.

The idea of increasing funding to law enforcement agencies is something that Americans would do well to consider too, particularly when it comes to the Internal Revenue Service. “In 2022, under President Joe Biden, Congress approved an $80 billion increase in IRS funding over a decade, with more than half of it slated to restore the agency’s ability to go after the super-rich. This victory was short-lived. By March 2025, Republicans had slashed that $45.6 billion enforcement budget to just under $4 billion — “a 91% decrease,” it notes in this fascinating book excerpt.

I have been interested for a while in the idea of government’s being engaged in “legalisation by under-enforcement,” which is something we see with tax evasion, pollution of waterways, and almost anything else when the rules not being enforced benefit the kind of people who donate money to political parties. But I need a better name for the phenomenon, so please help me out and send one in.

Talking of phenomena that we need a new name for, Elon Musk’s wealth is doing weird things to the Forbes billionaires list. Whoever runs it appears to have decided to only display his net worth to two significant figures. That means that, while we can see an assessment of the wealth of relative paupers like Sergey Brin to the nearest $100 million ($277.6 billion, as I write), we only get a round $1.2 trillion for Musk. Or a round $1. 4 trillion, depending on what day it is, which means his wealth jumps up and down in a minimum increment that, on its own, would be sufficient to make its possessor the richest person in every country in the world except Spain, Canada, Mexico, the United States or France.

And talking of France, the G7 summit in Evian is over. It was of course at a previous French G7 summit when participants created what became the Financial Action Task Force. That was the 1980s and they were concerned about the spread of illegal drugs, the harm they were causing, and the fact that more countries were producing them, and wanted to stop drug dealers being able to keep their profits. Among other things they committed — in the words of the 1989 communiqué — “to prevent the utilization of the banking system and financial institutions,” which is part of the clause that gave birth to the entire global anti-money-laundering system. Well, 37 years have passed, so let’s check in on how that’s going. 

This year the G7 communiqué expressed concern about the spread of illegal drugs, about the harm they’re causing, and about the fact that more countries are producing them. “We emphasize the continued need to strengthen the global anti-money laundering architecture to prevent financial crime and improve enforcement and asset recovery outcomes, in line with the Financial Action Task Force standards,” this year’s summit document states. 

Plus ça change. Maybe in another 37 years, they’ll look up and wonder whether they should try something else, and indeed whether the FATF standards aren’t ripe for reconsideration.

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I’ve been writing this newsletter since 2020, and in my first edition I marvelled at the concept of the centi-billionaire, and the fact there were at the time three people with 11 zeros in their net worth. What a six years it’s been. When I started writing this week’s edition, Elon Musk was a mere David Sun away from becoming the world’s first trillionaire, and now as I’m finishing it, Musk is worth the scarcely conceivable sum of $1.1 trillion. Nothing like this has ever happened before and there is no sign it is going to stop happening. There is no reason at all to suppose that in another half-decade I won’t be writing about how deci-trillionaires are the new thing.

This increasingly extreme inequality is a challenge for social cohesion, democracy and civilisation that we haven’t seen in modern times, second only to climate change as a threat to our future. Although in some ways, they’re the same challenge, considering the disproportionate share of emissions coming from rich people.

In some ways, if Musk’s wealth seemed to be making him happy it wouldn’t be so bad, but it appears only to make him angrier. I like to think that if I had a trillion dollars, I’d do something more constructive than stir up protests against ethnic minorities.

Reducing inequality is the right thing to do for every reason, not least because it would deprive very rich people of the ability to stoke pogroms anywhere they like. But how to do that? The only thing that has previously reduced inequality to any significant extent has been the 20th century’s series of global conflicts with massive destruction of life and property, and that’s the kind of thing it would be good to avoid.

I think there is a strong argument to be made, however, that the financial trickery abused by the very rich is also bad for national security, and it’s one nicely made here by Matthew McGlynn, who specialises in researching Russia. By degrading the ability of oligarchs to cheat their way to riches, we’d also limit the space of billionaires to dodge taxes and accountability.

It is notable that expert after expert speaking to the House of Representatives Committee on Financial Services about Chinese Money Laundering Networks pleaded for the Corporate Transparency Act to be properly implemented. “When a laundering network operates by scattering its footprint across hundreds of student accounts, dozens of shell companies, and multiple jurisdictions, traditional compliance frameworks may treat flags as isolated, minor incidents. The systemic risk is consistently underestimated, and responses remain heavily reactive,” noted Louis DeTitto.

If first we come for the money launderers, then the billionaires won’t speak out because they’re not money launderers. Also, it would mean we’d do a better job of tackling money laundering, which would be nice. 

While on the subject of congressional hearings, there are interesting moves by Senator Richard Blumenthal to probe how Iranian and Russian sanction-dodgers are using cryptocurrencies. In April, he wrote to Binance requesting further information, and now he’s written to Tether asking for information about misuse of its USDT stablecoin.

The details he’s requesting are far-reaching and potentially highly consequential, since they relate to connections with Iran and Russia, including A7, issuer of the leading ruble-denominated cryptocurrency. Perhaps most important, however, is his first question: “What legal jurisdictions does Tether believe it is subject to for USDT, in particular for anti-money laundering rules, reporting obligations, asset seizures, and sanctions compliance? Does Tether believe it is legally required to comply with Department of Treasury sanctions for USDT and issue suspicious activity reports (SARs) to the U.S. government?”

If the U.S. asserts regulatory authority over dollar-denominated cryptocurrencies as it has over all transactions in dollars then that would significantly undermine their attractiveness to illicit actors, and also do a lot to reassure people like me. Tether, meanwhile, has been bigging up its cooperation with law enforcement agencies, and says it’s frozen $450 million globally.

“For the past few years, stablecoins have come to dominate the landscape of illicit transactions, and now account for 84 percent of all illicit transaction volume,” concluded Chainalysis in 2026’s crypto crime report. It estimated total illicit transactions at $154 billion last year, so the stablecoin share of that was almost $130 billion. That is a fraction of the amount of money laundering estimated to move through either the trade system or indeed the formal financial network, but still a lot of money. It’s interesting to see, however, how Chainalysis still holds out hope for well-regulated cryptocurrencies helping to solve problems caused by standard finance.

“Stablecoins and on-chain settlement mechanisms in particular offer low-cost, borderless avenues for remittances, payments, and savings,” Chainalysis said. “If coupled with sound regulation and inclusive policy frameworks, these tools could help governments leverage crypto not just for resilience, but also for broader financial inclusion as part of economic recovery.”

Seeing will be believing.

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A top banker has got in trouble by referring to employees whose jobs will be replaced by AI as “lower-value human capital.” But he’s just saying the quiet part out loud: compliance officers have been expected to work like inefficient computers for years already anyway. Standard Chartered CEO Bill Withers used the unfortunate phrase when describing how the bank plans to keep hitting its profitability targets by cutting 15% of back office staff, and has tried to backtrack a little after a predictable storm of criticism, including from the former president of Singapore. 

It would be nice to think of bank employees deployed to fight financial crime as super-effective old-school gumshoes, with a bottle of bourbon in the bottom drawer and an inexhaustible stock of one-liners, but in reality their jobs are more like something from ‘The Office’ than ‘The Big Sleep’.

Thousands of people sit in cubicles in Warsaw or Bengaluru, checking through transactions flagged as possibly abnormal by banks’ automated systems, and confirming that 99% of them are, in fact, normal. Anything that might conceivably be abnormal gets sent up the chain, where someone more senior will almost certainly decide it wasn’t. 

It is a ruinously expensive process and, as far as we can tell, completely ineffective. The best estimates we have for the size of the criminal economy suggest it has grown, untroubled, along with everything else for decades despite all the laws, fines, and prosecutions that we’ve thrown at the problem. 

But banks’ financial crime compliance isn’t about stopping financial crime at all: it’s about stopping banks from being fined, as Standard Chartered has previously been, enormous sums in both the U.S. and the UK. As long as banks can be sure that AI checks boxes in ways that satisfy regulators, then they’ll be happy.

This is a little bit worrying because AI is already getting very good at fraud. I am very alert to attempts to trick me but was sufficiently fooled by an AI email yesterday to forward it on to someone. Fortunately, a very similar one arrived (purportedly from someone else) a few minutes later, alerting me to my mistake. Money laundering is a laborious activity and criminal gangs will be as keen as banks to cut their back office expenditure, and AI could help automate the processing of the many small transactions that add up to a large amount of money. Phishing and smurfing are just a couple of its use cases, however.

“Scammers can leverage AI to scrape data from social media and dating platforms to identify vulnerable targets (e.g. lonely individuals, recent retirees, or people interested in finance) for pig butchering scams,” notes TRM Labs. “Bots can sustain long-term, emotionally persuasive conversations without tiring or making mistakes, making the scam more scalable.”

And that’s before you get onto AI’s ability to exploit cryptocurrencies and smart contracts to really start rampaging through the crypto world. “TRM observed a roughly 500% increase in AI-enabled scam activity over the past year. The convergence of generative AI, programmable financial infrastructure, and global crypto liquidity has altered the economics, velocity, and scalability of fraud,” the blockchain analytics firm said in a follow-up report. This is very bad indeed.

So, although I can see why people are annoyed that Withers referred to his bank’s employees in such a disparaging way, I am more troubled that he’s planning to replace them with AI, rather than to retain them and train them in how to counter it.

It was remarkable, however, to see Warren Davidson, chair of the illicit finance subcommittee at the House of Representatives Financial Services Committee, draw precisely the wrong conclusion from all this. Although he was correct in condemning the defensive nature of compliance, and its focus on generating paperwork over results, he then got lost in praising the White House’s decisions to attack corporate transparency legislation.

"As we focus on risk, we must also ensure that tools like artificial intelligence are fully deployed to counter the AI-enabled crimes of today,” he said, without realising that, without reliable information to train the AI models on, this is as useless an approach as the one he says has failed. If you don’t know who owns what, neither will a computer, no matter how cleverly it can pretend to be human.

I sincerely hope he listened to the testimony of Carole House of the Atlantic Council who forcefully pointed out the harm to national security and to ordinary Americans caused by the United States’ failure to create even an approximation of a decent corporate registry, as well as the historic idiocy of its current crypto policy. “Without a secure identity foundation, AI agents will simply scale up fraud at a speed and volume that human investigators can't possibly track, destroying trust in the whole system,” she said in testimony that I highly recommend you take a look at.

I very much doubt Davidson was listening, however, because that is not the direction the Republican Party is going in right now. I would write more about that, but frankly it’s all too depressing, and I’d rather move on.

So let me point you towards this excellent paper on how online scam marketplaces work, with criminals using the messaging app Telegram and the stablecoin Tether to launder hundreds of billions of dollars. It argues that our current approach of sanctioning exchanges is futile since their owners just shut them down and switch to a new platform that works in the same way but hasn’t yet been sanctioned.

“As long as the underlying digital infrastructure remains permissive, criminal syndicates will simply migrate to new channels. To move from reactive disruption to systemic prevention, the international community must shift its focus toward the structural enablers of these marketplaces,” Elliptic’s Tom Robinson argues. Elliptic is unusual among blockchain analytics companies in being willing to name Tether as a major vector for money launderers. Its rivals tend to just say “stablecoins,” I have no idea why.

Meanwhile, there is something grimly depressing about the fact that — against the backdrop of, well, everything — the UK has postponed June’s illicit finance summit due to “scheduling issues in the international calendar.” Everyone is so busy dealing with the consequences of illicit finance, that no one has time to talk about illicit finance.

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The United States is inching closer to passing a gigantic piece of legislation to put cryptocurrencies on a secure footing, with the bill emerging unscathed from the Senate’s banking committee. Opinions differ as to what this means: crypto people are thrilled, while anyone who knows about money laundering is terrified. Passage of the so-called CLARITY bill has been a key goal of crypto enthusiasts since Donald Trump came to power, since it would give them the legal certainty to engage in “financial innovation” without worrying about a return to the Biden-era policy of trying to regulate them as if they were normal people.

Committee chairman Tim Scott is delighted: “For me, this is personal. My mother raised my brother and me with faith, grit, and determination, and she taught me that the American Dream should be within reach for every family, including single mothers working hard to build a better life for their children.”

I quote Scott partly because it’s such a weird justification for passing crypto regulation (or perhaps he just says that sort of thing about literally everything he ever does?), but mainly because it’s pretty clear that the bill as it stands will be a disaster for the kind of vulnerable people he claims to be fighting for.

In a sign of experts’ concerns, Transparency International’s U.S. office put out a statement quoting nearly all the most respected voices on money laundering in America arguing that the bill needs better safeguards against dirty money. “At a time when we know that hostile actors like (Iran’s Revolutionary Guards) are looking to circumvent U.S. sanctions to rearm and threaten Americans and U.S. interests around the world, it is inconceivable to me that we would open new, effective channels for sanctions evasion,” said Richard Nephew, former U.S. Coordinator on Global Anti-Corruption and Deputy Special Envoy for Iran.

“Terrorists, violent drug traffickers, and organized criminals who prey upon the elderly and unlearned in increasingly sophisticated financial and AI generated schemes are, quite literally, getting away with murder, funded by untraceable cryptocurrency transactions hidden behind an anonymous block chain,” said former FBI agent Karen Greenaway.

There is an awful lot of money in crypto, and Tether alone now has three people among the richest 100 in the world. Tether’s largest single shareholder Giancarlo Devasini’s wealth has grown from $9.2 billion in 2024 to $89.3 billion now, while chief executive Paolo Ardoino and former CEO Jean-Louis van der Velde have done pretty well too. Though none of them have done quite as well as Changpeng “Binance” Zhao, crypto’s only centibillionaire (so far).

In the UK, there’s a lot of concern about the millions of pounds going from crypto investors to Reform’s Nigel Farage, who has become a crypto champion, no doubt coincidentally. But, wow, look at what’s happening in Alabama for a sign of what the future looks like if crypto people really get their hands on the purse strings and try to buy their way into the Senate. 

That much money doesn’t just help supporters win, it also terrifies opponents: standing up to the crypto lobby guarantees you’ll be swamped in hostile advertising. How do you want to be paid, as Pablo Escobar used to say, in silver or lead? 

But why should the rest of the world care that this is happening? I’m sure I’m not the only foreigner who’s been staring in bewilderment at the growth of U.S. prediction markets, and how efficiently they allow insiders to monetise their privileged access to inside information. A lot of those markets are barred in other countries, but the U.S. soldier who was arrested for betting on the Maduro capture was trading on polymarket, a crypto-denominated market which is blocked in the United States too, despite Donald Trump Jr. being an investor.

Such restrictions can be easily bypassed by using a Virtual Private Network, so U.S. regulators are using artificial intelligence to track down insider trading on polymarket. After that soldier’s arrest, I suspect Americans will be much more careful about what they do.

Prediction markets claim they don’t want insiders trading on privileged information. But if the markets are to function in a way that supports their founders’ justification for them, as a price signal for future events, they rely on people with knowledge to be using them to make bets and thus to move prices in a useful direction. So clearly the temptation will always be there for anyone with inside information to use it to make some easy money.

And does anyone think U.S. regulators will care about Indians, Brits, South Africans Ukrainians, or other foreigners using crypto to trade on information from their own countries? They after all have a track record of treating foreigners and U.S. citizens differently. That’s why it was Francesca Albanese, with her American husband and daughter, who managed to have sanctions cancelled for daring to investigate Israel’s behaviour in Gaza, whereas non-U.S. connected people have failed to do so.

The new U.S. crypto bill coupled with U.S.-based crypto-denominated prediction markets points towards the United States becoming a gigantic offshore enabler of corruption for the rest of the world; a digital version of what Switzerland was in the analogue years, with everyone else reduced to begging its regulators for assistance. 

“Crypto prediction markets are accessible to anyone with an internet connection and a wallet, pooling liquidity from a global user base rather than a regional one,” says Chainalysis. I think they mean that to be a good thing, because the blockchain is transparent and malefactors can be spotted easily yada yada, but it sounds beyond dystopian to me. I’m genuinely a bit terrified of what this will mean for corruption in the next few years, and I haven’t heard of any politicians who are alert to it yet.

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