Best international business news reporting in newspapers, news services or online
AWARD YEAR: 2014
AWARD NAME: The Malcom Forbes Award
RECIPIENT: Stephen Grey and Reuters team
AFFILIATION: Reuters
HONORED WORK: “Comrade Capitalism”
This series of nine stories showed how President Vladimir Putin and his billionaire friends control the Russian economy and siphon off billions of dollars for themselves. Reuters was the first news organization to document how contracts and money moved through offshore tax havens because it was able to obtain access to confidential bank and travel databases. The corruption extended even to the supply of a Russian rocket to the U.S. space program.
Citation for Excellence:
Jo Becker, Steven Lee Myers and Jim Yardley
The New York Times
Putin’s Way