ICIJ wins Polk Award for business reporting

The George Polk Award for Business Reporting will recognize The International Consortium of Investigative Journalists, a group of 120 journalists from 58 countries and 42 news organizations, working as part of The Center for Public Integrity, for “Offshore Secrets,” which examined new ways that wealthy companies and individuals avoided taxes.

A three-year investigation documented tax dodges at the expense of national treasuries and average taxpayers in the United States, China, and the European Union. The series demonstrated, among other revelations, how corporations like Pepsi, Disney, and FedEx used the tiny Grand Duchy of Luxembourg to stash cash and reduce global tax bills, how members of China’s wealthy elite hid their enormous fortunes, and how criminal enterprises used New York real estate to launder money.

The George Polk Awards are conferred annually to honor special achievement in journalism. The awards place a premium on investigative and enterprising reporting that gains attention and achieves results. They were established in 1949 by Long Island University to commemorate George Polk, a CBS correspondent murdered in 1948 while covering the Greek civil war.

Awardees will be honored at a ceremony at The Roosevelt Hotel in Manhattan on Friday, April 10.

See all of the award winners here.
“Leaked Documents Expose Global Companies’ Secret Tax Deals in Luxembourg”
“Hidden in Plain Sight: New York Just Another Island Haven”