(qlmbusinessnews.com Mon, 12th Feb, 2024) London, UK —
“Unveiling Fujitsu's £37 Million Executive Payday Amid Post Office Scandal”
In the wake of the Post Office Horizon scandal, attention has turned to Fujitsu executives who have collectively received approximately £37 million in pay, bonuses, and compensation over the past quarter-century. This revelation comes amidst a backdrop of over 900 individuals facing prosecution due to system flaws in the Horizon software supplied by Fujitsu.
The Japanese-owned technology company, set to earn an estimated £1.5 billion from the Horizon contract by 2025, has formally acknowledged its role in the wrongful prosecution of Post Office owner-operators, commonly known as sub-postmasters and postmistresses. While Fujitsu has pledged to contribute to compensation, the exact amount remains undisclosed.
A report by the Treasury select committee highlights that Fujitsu secured contracts worth £1.4 billion from public sector entities even after court rulings exposed issues with the Horizon system. This scrutiny has focused on seven senior executives, including past and present leaders such as Keith Todd, Richard Christou, and David Courtley.
Amidst these revelations, former Post Office operator Alan Bates, a prominent figure in the victims' campaign, lamented the stark contrast between executives' hefty earnings and the financial struggles faced by affected individuals.
While Fujitsu executives remain largely silent on their compensation, the company has expressed remorse for the ordeal faced by sub-postmasters and postmistresses. With ongoing inquiries and calls for accountability, Fujitsu aims for a just resolution to address the grievances of the victims.
#Fujitsu #PostOfficeScandal #HorizonSystem #ExecutiveCompensation #CorporateAccountability #VictimsRights #LegalInquiry
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