On the second working day of the year as most Australians eased into summer holidays, the federal government quietly extended one of its most controversial contracts, an extra $109 million to provide security for refugees on Manus Island in Papua New Guinea.
The bump in value made the little-known Paladin Group one of the biggest government contractors in Australia, having won tenders worth $423 million for its 22 months of work on Manus.
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Angus Grigg is an investigative reporter based in Sydney. He has worked as a foreign correpondent in China and Indonesia, and has won two Walkley Awards. Connect with Angus on Twitter. Email Angus at agrigg@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
Lisa Murray is deputy editor of AFR Magazine and host of The Fin podcast. Connect with Lisa on Twitter. Email Lisa at lmurray@afr.com
