The three-year investigation revealed the degree to which Western institutions, from Wall Street banks, law firms, auditors, and even Hollywood film companies, ignore malfeasance in the pursuit of profits. In 2015, he began investigations into the 1MDB scandal, one of the largest financial frauds of all time in which bankers at Goldman Sachs helped a young Malaysian financier steal at least $4 billion from Malaysian state fund 1MDB. His 2013 award-winning series on the Rana Plaza factory disaster in Bangladesh, which killed over 1,000 people, exposed how international garment manufacturers turned a blind eye to safety violations to reduce costs.
He has investigated corruption in Indian companies, the failure of the U.S.’s civilian aid program for Pakistan, and was one of the first journalists to arrive at the scene of the raid in which Navy SEALs killed Osama bin Laden. During the Asian financial crisis of 1997-98, he joined Dow Jones Newswires in Bangkok, later moving to the Wall Street Journal.
Suharto’s military dictatorship was crumbling. Wright started his career with Reuters in Indonesia in the 1990s at a time when Gen. In the coming fall quarter, Wright will receive the award at a ceremony and headline a panel discussion at Stanford. The book builds on Wright’s multiyear investigative reporting for the Wall Street Journal, where he most recently served as Asia economics editor.
Wright, who over the past twenty-five years has worked mainly in South and Southeast Asia, is the coauthor of the New York Times bestseller Billion Dollar Whale, which unravels the story of one of the world's greatest financial scandals involving the multibillion-dollar looting of the Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB). Shorenstein Asia-Pacific Research Center ( APARC) is pleased to announce that journalist and author Tom Wright is the recipient of the 2020 Shorenstein Journalism Award for excellence in coverage of the Asia-Pacific region. STANFORD, CA, ApStanford University’s Walter H.
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