Paladin's managing director Craig Thrupp was removed from a $423 million contract on Manus Island last September after the little-known security firm failed to comply with a direction from the Home Affairs Department.
Home Affairs revealed Mr Thrupp had taken responsibility for the “non-compliance” and was stripped of his duties in relation to the contract, but did not provide any further explanation.
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Lisa Murray is Enterprise Journalism Editor and host of The Fin podcast. Connect with Lisa on Twitter. Email Lisa at lmurray@afr.com
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
