Even for an investigative team with global reach and huge ambitions, the last month has been extraordinary for the International Consortium of Investigative Journalists.
Two weeks ago Sunday, a joint investigation with “60 Minutes” on tax avoidance and money laundering at the Swiss private bank British giant HSBC aired.
Since then, Swiss authorities raided the bank for evidence of fraud, HSBC apologized in full-page ads in Britain and a prominent journalist at The Telegraph went public with his resignation, claiming the conservative daily downplayed the story as a favor to a prominent advertiser.
A week after the Swiss Leaks report, ICIJ won a George Polk award in the business category for a pair of 2014 projects, one on offshore investments by Chinese elites including parking their money in New York City real estate and the other revealing how Luxembourg operates as a tax avoidance haven. Read more