Paladin has strengthened its business ties with one of Papua New Guinea's most powerful political families amid a local backlash against its $423 million security contract on Manus Island, which is up for renewal at the end of next week.
The Australian Financial Reviewreported earlier this year Paladin Solutions PNG had entered into an agreement with Peren Investment, a company controlled by the brothers of PNG's parliamentary Speaker Job Pomat.
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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
