The Paladin brand has become so damaged the controversial security firm will be wound up as the prospect of future work evaporates, according to court documents.
In a letter to shareholders in March, Paladin managing director David Saul said negative publicity and the coronavirus restrictions meant there was no prospect of securing new work.
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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
