white-ant

Etymology
From, suggesting the action of termites eating the inside of wooden building foundations, often leaving no outward evidence until the structure begins to crumble.

Verb

 * 1)  To bring down from within; to undermine.
 * 2) * The white-anting of ATSIC has been brought about by the usual suspects.
 * 3) * If someone undermines you at work you might say they were "white-anting" you.