Dewald van Rensburg Investigative Journalist, amaBhungane Centre for Investigative Journalism 

“The Laundry,” a two-part series, is the first product of an ongoing investigation by the amaBhungane Centre for Investigative Journalism. These stories take readers deep inside the money-laundering industry in South Africa, showing step-by-step how existing banks and key professionals form the building blocks of an informal banking sector that facilitates large-scale crime and secretly moves staggering amounts of money offshore. 

Their joint investigation, published in various installments throughout the three news outlets, focuses on how Indonesian communities, whose traditional agricultural life has been upended by large-scale palm oil production, have been systematically cheated by corporations that promised – and in many cases, that were legally required – to share a portion of their profits with the villagers whose land made those profits possible. Some of the key outputs from the investigation can be seen here, here and here. 

(L-R) Luisa García Tellez and Lilia Saúl Rodríguez

Their work uncovered the consequences of a decades-long drive to privatize pensions across Latin America: poor returns, excessive fees, opaque transactions and questionable investments.

Sveriges Television of Sweden, Zweites Deutsches Fernsehen of Germany, and Confluence Media of India

Their reporting documented a double standard that allowed a host of unethical and possibly illegal practices to flourish at the India operations of Swedish company Scania.

Read the press release.

(L-R) Zorayda Gallegos Valle, freelance, and the FinCEN Files.

Zorayda Gallegos Valle, a freelance journalist writing for El País in Mexico, won the TRACE Prize for her investigation that uncovered the Mexican Army’s scheme to divert at least $156 million of public resources through hundreds of shell companies contracted to complete infrastructure projects.

The International Consortium of Investigative Journalists, BuzzFeed News and more than 100 media partners won the TRACE Prize for their 16-month long FinCEN Files investigation. They reviewed thousands of financial intelligence documents and uncovered a flawed oversight process that allowed global banks to profit from suspect transactions. Their reporting has resulted in new reforms and investigations in multiple countries. 

Hear from the winners and learn more about their investigations.

(L-R) Iraqi journalist Asaad Al-Zalzalee and ProPublica reporter Renee Dudley.

Iraqi journalist Asaad Al-Zalzalee was awarded the TRACE Prize for his investigation “Schools of Illusion,” which uncovered widespread corporate fraud that led to the waste of more than US$200 million that was allocated to build schools in Iraq. 

The second recipient of the TRACE Prize was Renee Dudley, a senior reporter with ProPublica, whose investigation “The Extortion Economy” uncovered a scheme in which businesses supposedly aimed at helping the victims of ransomware actually foster the practice by secretly paying off the hackers. The project profiled a young “geek” in Normal, Illinois, who developed ransomware decryption tools in his spare time.

(L-R) TRACE President Alexandra Wrage and Africa Uncensored's John-Allan Namu; freelance journalist Philippe Engels and Alexandra Wrage.

The 2019 TRACE Prize for Investigative Reporting was awarded to a five-person team from Africa Uncensored for their investigation The Profiteers, which uncovered wartime corruption in East Africa. The team included John-Allan Namu, Elijah Kanyi, Samuel Munia, Steve Biko and Clement Kumalija.

The other winning team, Khadija Sharife from the Organized Crime and Corruption Reporting Project (OCCRP) and Philippe Engels, freelance, exposed bribery in oil sales in their investigation "The Unlikely Partnership that Unlocked Congo's Crude." The story was published by both OCCRP and Médor.

Read the full press release here. 

(L-R) Representatives of the Investiga Lava Jato team: Raúl Olmos, Milagros Salazar and Flávio Ferreira; TRACE President Alexandra Wrage; Jaimi Dowdell and Kelly Carr.

The 2018 TRACE Prize for Investigative Reporting was awarded to the Investiga Lava Jato team for their project "Investiga Lava Jato", overseen by nonprofit newsroom Convoca, and to Kelly Carr and Jaimi Dowdell, for their investigation "Secrets in the Sky" which was published in the Boston Globe.

Read the full press release here. 

The ICIJ Team (left) and Dorothee Myriam Kellou (right) accepts the 2017 TRACE Prize for Investigative Reporting with TRACE President Alexandra Wrage.

The 2017 TRACE Prize for Investigative Reporting was awarded to the International Consortium of Investigative Journalists (ICIJ) for The Panama Papers and to freelance Journalist, Dorothee Myriam Kellou, for her investigation into Lafarge's operations in Syria.

Read the full press release here. 

The 2016 TRACE Prize for Investigative Reporting was awarded to the Organized Crime and Corruption Reporting Project (OCCRP) in conjunction with Swedish Television’s Uppdrag Granskning (Mission Investigate) and Sweden’s TT News Agency, for their investigation uncovering a complex Azerbaijan telecom scandal.

The other winning team was from The Wall Street Journal, for their reporting on the vast network of corruption relating to Malaysia's 1MDB fund.

Read the full press release here.