Fujitsu chiefs have been paid more than £26million since its flawed software behind the Post Office IT scandal was introduced, an investigation has found.
The company’s highest paid British-based directors have received annual pay packages worth in excess of £1million, according to company accounts published last month.
This is likely to include any bonuses and incentives, as well as salaries, the BBC reported.
Fujitsu also paid more than £11million to outgoing directors since 1999 – the year its controversial Horizon contract with the Post Office started.
The bumper pay deals were handed out to Fujitsu bosses while hundreds of subpostmasters were wrongly accused of theft.
Labour MP Kevan Jones said: ‘They were being paid millions for failure but that failure had consequences.
‘It ended up with people’s lives being ruined and individuals being sent to prison. That is something which Fujitsu needs to explain.’
A Fujitsu spokesman said the company ‘regards this matter with the utmost seriousness and offers its deepest apologies to the subpostmasters and their families’.
It comes as separate figures by the Commons Treasury committee showed that Fujitsu was awarded Whitehall contracts worth at least £3.4billion since a damning High Court ruling into its Horizon software in 2019.
Robert Johnson is a UK-based business writer specializing in finance and entrepreneurship. With an eye for market trends and a keen interest in the corporate world, he offers readers valuable insights into business developments.
