Pandemic, power, and money! Why Catherine Austin Fitts’ testimony before a Dutch court is politically explosive

A court case has been brought before a court in the Netherlands, the Rechtbank Noord-Nederland (Northern Netherlands District Court), that goes far beyond a single legal question. At its core, it concerns the examination of global covid-19 policies, their economic consequences, and whether government measures were systematically misused to advance political and financial interests. A key witness in this case is Catherine Austin Fitts, whose testimony is now attracting international attention.

The court has agreed to consider the lawsuit as a potential precedent. The complaint raises serious allegations: suppression of scientific debate, coercive measures, misleading the public, and long-term health and societal damage. Due to the scale and scope of the alleged consequences, the case even raises the possibility of crimes against humanity.

Who is Catherine Austin Fitts?

Catherine Austin Fitts is a financial analyst, author, and former high-ranking US government official. She served as Assistant Secretary of State for Housing and Urban Development under the Bush administration and previously as a partner and board member at the Wall Street investment bank Dillon, Read & Co. Today, she is the editor of the Solari Report, an analytical platform focusing on financial systems, public finances, and power structures.

For more than two decades, she has investigated irregularities in the U.S. federal budget, particularly trillions of dollars in so-called “missing” or unverifiable government spending.

The key statement in court

In her testimony, Fitts stated that the pandemic was not primarily a public health event, but rather a massive misapplication of public health policy to advance economic and political agendas. She outlined a trajectory that began long before 2020.

As early as fiscal year 1998, Fitts argued, billions, and later trillions, of dollars disappeared from US federal accounts. By 2015, this amount had reached approximately 21 trillion US dollars. These figures were not based on estimates, but on official US government financial reports. However, the political pressure to disclose these transactions did not lead to transparency, but rather to a regulatory reversal.

With the so-called Federal Accounting Standards Advisory Board Statement 56, adopted in 2018, federal agencies were effectively permitted to maintain secret accounting. For Fitts, this marks a turning point: Since then, there has been virtually no meaningful financial accountability for large portions of government spending.

Pandemic as an economic turning point

Fitts directly links this financial opacity to pandemic policies. According to her account, it was clear by 2019 at the latest that a fundamental restructuring of the financial system was imminent. At the meeting of leading central bankers in Jackson Hole, a so-called “going-direct reset” was discussed – a model of direct money creation and distribution bypassing traditional banking channels.

With the outbreak of the pandemic, trillions of dollars were pumped directly into the financial markets within a very short time. At the same time, lockdowns and other measures shut down large parts of the real economy, especially small and medium-sized enterprises. The result was a massive redistribution of wealth: economic destruction at the local level, while large, publicly traded corporations concentrated market share, power, and capital.

In Fitts’s view, this process was not a side effect, but rather the core of the strategy. The pandemic served as a political and psychological cover to implement measures that would have met with massive resistance under normal circumstances.

Health policy and societal consequences

For Fitts, the health aspect is particularly significant. She pointed to rising excess mortality, declining life expectancy, and an increase in chronic illnesses, even among the middle class. These developments align with warnings she issued years before the pandemic. If financial deficits are not openly addressed, the pressure will increase to indirectly mitigate social burdens by reducing life expectancy.

In her view, this is precisely what has occurred. Health policy has been instrumentalized, accompanied by propaganda, censorship, and the systematic exclusion of critical scientific voices.

Why this case is politically explosive

The significance of the proceedings lies less in particular accusations than in the overall picture. Should the court substantively examine the allegations, the question would arise for the first time whether pandemic policy can be held accountable at the international level not only politically and morally, but also legally.

In her testimony, Fitts explicitly appealed to the courts to uphold the rule of law. A society that accepts massive lies, disinformation, and health damage in order to concentrate economic power cannot survive in the long run.

Whether this case will actually lead to legal consequences remains to be seen. What is clear, however, is that Catherine Austin Fitts’s testimony compels us to reassess the past few years not only from a medical perspective, but also in terms of finance and power politics.

 

yogaesoteric
January 20, 2026

 

Also available in: Română

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