Supported projects

BRATISLAVA - A couple from Slovakia imported hundreds of frogs from Central America to the EU, completely legally. However, the woman was later apprehended in Germany, where police seized over 100 frogs from her. Some of them of the kind which was never in history imported to Europe legally. Turns out, her husband is a well known person for conservationists in Panama, and for all the wrong reasons.

NAYPYIDAW - This is a story that describes the downfall of the financial sector of Myanmar after the military coup in February 2021. Due to a history of nationalisations and demonetisations, people and businesses lost trust in the banks immediately after the coup. That resulted in a bankrun. 

MAPUTO - The promise of transformative wealth from natural gas has seduced Mozambicans for more than a decade. But as the projects led by TotalEnergies and Eni have started construction, revenues to the country look likely to fall significantly short of expectations.

BRUSSELS - Journalists at KNACK, LeVif and RTBF have joined forces to investigate the peculiar financial management of the non-profit organisation Poverello. They greedily buy real estate that often remains empty. The organisation appears to be very rich, but hardly ever uses its money for working with the poor.

EL ZONTE - El Salvador is the first country in the world to adopt Bitcoin as its official currency: "One thing is certain: it is here to stay."

LONDON - After the 2008 crash, a few Wall Street investors cracked the code for how to turn cut-price homes into a tradeable asset class worth billions. By 2021, the template they created is being adapted by diverse financial actors, ranging from private equity giants to PropTech apps. 

THE HAGUE - The Netherlands is an important financial centre behind the international arms trade. Research from The Investigative Desk (the Netherlands) and an Indian news outlet shows how some of the biggest arms companies in the world use the Netherlands as an intermediary to wire profits to tax havens. 

AMSTERDAM, BRUSSELS - In February 2021 a Dutch and a Belgian newspaper included a 16 page supplement about the Money Trail project.

The booklet featured four full Money Trail stories, plus a 'Stories behind the Stories' section, which revealed how the journalists went about to do their research and get their stories published.

The oil industry continues to try and expand in Kenya, but there is an urgent need for stricter enforcement and adherence to the rules designed to keep the public and environment safe from the extraction industry’s impacts. The journalists continue to investigate the impact on Kenya from the discovery of oil reserves in the country, as well as the role of key companies and individuals who have profited. 

LILONGWE - Taxation treaties that Malawi signed with other countries over the last fifty years are costing the country hundreds of millions of dollars, since they have opened up opportunities for multinational corporations to reduce their tax liability through tax avoidance.