Fujitsu yet to contribute a penny' to Post Office Horizon victims

"Fujitsu has faced sharp criticism from a group of MPs for failing to contribute financially to the nearly 1.5 billion redress bill for victims of the Post Office Horizon scandal. Parliamentarians are also demanding urgent action to quash convictions predating the notorious Horizon system."

"The Business and Trade Committee (BTC), tasked with scrutinising government departments, identified "serious structural failings" within the compensation process. This comes despite over 11,500 claimants having received approximately 1.48 billion by 27 February, through various schemes established to compensate postmasters affected by the faulty Horizon software."

"The Horizon accounting system, developed by Japanese firm Fujitsu, made it look like money was missing from branch accounts. This system lies at the heart of the protracted Post Office scandal, which saw an estimated 1,000 people across the UK wrongly prosecuted."

Fujitsu has drawn sharp criticism from MPs for failing to contribute financially to the nearly £1.5 billion redress bill compensating victims of the Post Office Horizon scandal. The Business and Trade Committee identified serious structural failings in the compensation process and is demanding urgent action to quash convictions predating the Horizon system. Over 11,500 claimants have received approximately £1.48 billion by February 27 through various compensation schemes. The total redress cost is projected to reach around £2 billion when including legal, administrative expenses, and payments for the earlier Capture system. The Horizon accounting software, developed by Fujitsu, incorrectly showed money missing from branch accounts, resulting in approximately 1,000 wrongful prosecutions across the UK.

Read at www.independent.co.uk