The award judges noted that the project “exposed offshore hideaways tied to mega-banks, corporate bribery scandals, drug kingpins, arms traffickers and a network of people close to Russian President Vladimir Putin that shuffled as much as $2 billion around the world.” Judges also noted that since the probe, “governments and corporations in 79 countries have opened at least 150 inquiries, audits or investigations.”
Along with the recognition comes prize money of $10,000. The Scripps Howard Awards celebrate excellence in journalism in a total of 17 categories, with prize money totaling $180,000. The Scripps Howard Foundation is the philanthropic arm of the E. W. Scripps Company. Other winners in this year’s contest included ProPublica, The Atlanta Journal-Constitution, The Houston Chronicle, The Oregonian and the East Bay Times.
The Panama Papers series has previously been honored with an Editor & Publisher award, a Polk award and a Barlett & Steele award.