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Ukraine President Volodymyr Zelensky speaks at an event at the Ukraina National Palace of Arts in Kyiv. Photo: Pavlo Bagmut/Ukrinform/Barcroft Media via Getty Images

The Ukrainian president may have pledged to reform the country's corrupt system of politics, but the Pandora Papers tell a different story.

Driving the news: Ukraine is the country with the highest number of politicians named in the leak of offshore data, which implicates hundreds of people linked to offshore companies — including President Volodymyr Zelensky.

Context: Zelensky had campaigned on cleaning up Ukraine's oligarch-dominated system. He'd pushed to set himself apart from politicians like incumbent Petro Poroshenko, who hid offshore assets, the Guardian notes.

  • But the Pandora Papers revealed that Zelensky was involved with a network of offshore companies, which he co-owned with friends and business partners.

Our thought bubble, via Axios' Dave Lawler: Zelensky is one of several politicians who campaigned on anti-corruption platforms — others include Czech Prime Minister Andrej Babis and Pakistani Prime Minister Imran Khan — who will now be facing questions over undisclosed wealth tied to them or their close associates.

By the numbers: Ukraine leads with 38 politicians named in the Pandora Papers. The top five are ...

  • Ukraine: 38
  • Russia: 19
  • Honduras: 11
  • United Arab Emirates: 11
  • Nigeria: 10

Go deeper

Biden threatens Putin

Photo: Kremlin Press Office/Handout/Anadolu Agency via Getty Images

In a video call that lasted for just over two hours on Tuesday, President Biden warned Russian President Vladimir Putin that if Russia invades Ukraine the U.S. will impose unprecedented sanctions and provide additional weaponry to the Ukrainians, national security adviser Jake Sullivan said.

Why it matters: Russia's military activity on the border with Ukraine has triggered alarms from the U.S. and its European allies of a potential large-scale Russian invasion in early 2022. Sullivan said Biden made clear to Putin that, "things we did not do in 2014, we are prepared to do now."

Dec 6, 2021 - World

Biden to warn Putin U.S. will add troops in Eastern Europe if Russia invades Ukraine

Putin meets Biden in Geneva. Photo: Peter Klaunzer - Pool/Keystone via Getty

President Biden will warn Russian President Vladimir Putin when they speak on Tuesday that if Russia invades Ukraine, the U.S. is prepared to increase its troop presence, capabilities and military exercises on NATO's "eastern flank," a senior administration official told reporters.

Why it matters: The administration believes it's increasingly likely that Putin will order an invasion.

Mike Allen, author of AM
2 hours ago - Politics & Policy

First look: Anita Dunn advises Dems on economy message for '22

Signs from a President Biden event yesterday in Kansas City, Mo. Photo: Chase Castor/Bloomberg via Getty Images

In a midterm preview, top Democratic strategist Anita Dunn advises the party's House and Senate members to frame Republicans "as being against the economic interests of working Americans."

What she's saying: "Explicitly framing Republicans as opposing policies to lower costs does better than simply framing Republicans as the 'party of no,'" Dunn, White House senior adviser until August, writes in the memo.