Fujitsu's European chief, Paul Patterson, has publicly acknowledged the company's 'moral obligation' to compensate victims of the UK Post Office scandal, a stance that has led to a significant financial impact on the company. Following Patterson's admission that Fujitsu was aware of faults in its Horizon IT system since the 1990s, which contributed to the wrongful prosecution of hundreds of sub-postmasters from 1999 to 2015, the company's shares dropped nearly 4%, wiping over $1 billion off its value. Patterson has apologized to sub-postmasters and sub-postmistresses for the company's role in the scandal. The Business Secretary, Kemi Badenoch, is seeking urgent talks with Fujitsu to discuss a compensation package, and Patterson is set to give evidence to the ongoing Post Office Horizon IT inquiry. The scandal has been described as an 'appalling miscarriage of justice,' with Fujitsu staff fearing repercussions for using 'manipulated' audit data in criminal investigations. The company has been challenged to contribute £10 million to a compensation fund by the end of the month, and the editing of witness statements has been condemned as 'shameful'.
It just gets more & more shocking. Fujitsu knew of defects in the Horizon IT system that was used by the Post Office for nearly two decades, its European boss has admitted https://t.co/kZnSurjRQD
Paul Patterson, director of Europe's Fujitsu says that it was "shameful and appalling" that the known glitches in the horizon IT system were not included in the witness statements used to prosecute hundreds of sub-postmasters Read more 🔗 https://t.co/qFP6alQR42
Fujitsu’s European boss has described the editing of witness statements to defend the Horizon IT system that were used in the prosecutions of subpostmasters as “shameful” https://t.co/GcLk05WfN5
Fujitsu boss Paul Patterson tells the Post Office Inquiry that Fujitsu knew about glitches and bugs in the Horizon System for TWENTY YEARS. https://t.co/7NRwUZpwtx
Post Office IT scandal: Fujitsu boss condemns ‘shameful’ editing of witness statements https://t.co/5fqF1T4ZgL
Post Office inquiry: 'We have let society down,' says Fujitsu boss https://t.co/qtFMwjxAyu
Fujitsu boss Paul Patterson admits company knew about Horizon defects for TWENTY YEARS at Post Office Inquiry https://t.co/cXIF0PxQMl
#PostOfficeScandal #PostOffiecInquiry #MrBatesVsThePostOffice Fujitsu ignored its own staff warnings about dodgy prosecutions https://t.co/ldPCmoy9YB
After watching Fujitsu's behaviour over the years, crystallised in their evidence to the Post Office Inquiry, it is clear to me that they should be paying £1 million per conviction as their contribution to the compensation. https://t.co/ZomAFLVuP1
Fujitsu and Britain’s Post Office always knew about software errors that led to the wrongful conviction of hundreds of people for theft and false accounting, according to the company’s European head https://t.co/ZVFKafyQXP
Fujitsu boss describes Post Office behaviour as 'shameful and appalling' and tells #PostOfficeInquiry he does not know why the Post Office did not reveal information about Horizon software errors to defendants during prosecutions: #PostOfficeScandal https://t.co/l15cNuJy5u
It is 'shameful and appalling' Fujitsu's Europe boss says he was "surprised" that details about bugs and defects were not included in Fujitsu employees' statements that were used to prosecute sub-postmasters and sub-postmistresses. https://t.co/PAiZ4D1jU3 📺 Sky 501 https://t.co/83WbWPuQe6
"There's lots of evidence of us informing the Post Office" about bugs and errors in data Fujitsu's Paul Patterson says the company became aware "latterly" that this faulty evidence was being used "solely for prosecutions" Follow live https://t.co/lCACImOSvD https://t.co/r6Yijh9eZ6
Fujitsu’s European boss who said the technology giant has a “moral obligation” to contribute to compensation for subpostmasters is giving evidence to the Post Office Horizon IT inquiry https://t.co/ZHRs8Aj9qz
Boss of Fujitsu's European arm giving evidence to Post Office inquiry Follow our live coverage ⬇️
'Fujitsu is sorry for our part in this appalling miscarriage of justice.' Fujitsu's Europe director Paul Patterson is speaking to the Post Office Inquiry, he begins the session by apologising to the sub-postmasters and sub-postmistresses. https://t.co/PAiZ4D1jU3 📺 Sky 501 https://t.co/YfAgAwWYTG
Phase 4 of the Post Office Horizon inquiry continues as Director of Fujitsu Services Limited, William Paul Patterson apologises for the company's role in the scandal Latest ➡️ https://t.co/S4KuaWW00e https://t.co/ZZ4ZpzyR36
Fujitsu’s European boss, Paul Patterson, will give evidence to the Post Office Horizon inquiry. https://t.co/CpICRdpb6q
A former sub-postmaster who went bankrupt as a result of the Post Office scandal has told Sky News it is "what I expect" after it emerged a Fujitsu manager labelled him a "nasty chap" ahead of legal proceedings. Read more 🔗 https://t.co/4iWGNxOnBE
Fujitsu’s European boss who said the technology giant has a “moral obligation” to contribute to compensation for subpostmasters is set to give evidence to the Post Office Horizon IT inquiry ✍️: @JoshPaynePA https://t.co/TJQC2YqTVs
'It is what I expect': Former sub-postmaster responds after hearing Fujitsu manager labelled him a 'nasty chap' Read more 🔗 https://t.co/4iWGNxOnBE
Post Office inquiry: Fujitsu manager called sub-postmaster 'nasty chap' - full story ⬇️ https://t.co/5wuX3YSeiI
Post Office inquiry: Fujitsu manager called sub-postmaster 'nasty chap' https://t.co/ddBJEUKNLx
Fujitsu boss called postmaster 'nasty chap' who wants 'to rubbish' firm in secret email https://t.co/DGiEeHaXlw
New: Fujitsu manager called postmaster "nasty chap" as he buoyed colleague to "maintain absolute strength and integrity" and protect "the Fujitsu name" in court. Never-seen before email suggests Fujitsu sought to defend reputation in trials rather than support justice. 👇 https://t.co/5C0c5egZ0H
BREAKING: Japanese technology firm Fujitsu has said it plans to compensate sub-postmasters wronged in the Horizon scandal. Sky's @IvorBennett shares the latest. Read more: https://t.co/J4G50GfKsM 📺 Sky 501, Virgin 602, Freeview 233 and YouTube https://t.co/V25Ziwa53O
Join Ian King and guests as Horizon developer Fujitsu says it will compensate victims of the Post Office scandal Full story ➡️ https://t.co/NgHPFDg4Od https://t.co/vAcb0MGRyl
🔴 Fujitsu staff feared being “hauled over the coals” after realising the Post Office was using “manipulated” audit data to criminally investigate sub-postmasters, the Horizon IT inquiry heard https://t.co/1gWNRnTHFZ
Fujitsu says it has a "moral obligation" to compensate hundreds of UK postal employees wrongly prosecuted from 1999 to 2015 due to bugs in its Horizon software (BBC) https://t.co/kOdgvWg3Ne 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/09CPQVV60r
A second IT system used by the Post Office was flawed and led to wrongful convictions before the Horizon scandal, former sub-postmasters have said 🔴 @SteveRobson04 reports https://t.co/NOEtMbE7Yd
📉 Fujitsu suffers $1bn slump after vowing to pay Post Office victims Read more ⬇️ https://t.co/byR2VMBz78
Kemi Badenoch, the business secretary, is seeking urgent talks with Fujitsu to thrash out a compensation package for sub-postmasters affected by the Post Office Horizon scandal Read more 🔗 https://t.co/jYslsgsN5Y
Fujitsu shares drop nearly 4% as its Europe chief says compensating Post Office victims is a 'moral obligation' https://t.co/KVsjkk81Nl
What Fujitsu told MPs amid the Post Office scandal On #Daily, @skynewsniall is joined by the author of The Great Post Office Scandal @nickwallis and @SeemaMisra7, a former Post Office operator who was cleared of theft after being convicted and jailed. 🎧 Listen here 👇
Fujitsu beginning to feel the heat: More than $1 billion has been wiped off the value of Fujitsu after the company’s European chief said it had a moral responsibility to provide compensation for its role in the UK Post Office Horizon scandal. https://t.co/29v9lRVMrU
More than $1 billion was wiped off the value of Fujitsu after the company’s European chief said it had a moral responsibility to provide compensation for its role in the UK Post Office scandal https://t.co/R5k0Xtj9xF
"Those so-called apologies from Fujitsu felt a little bit too late". Shadow culture secretary @ThangamMP talks about the Post Office Scandal ahead of the continued inquiry today. https://t.co/a3sKsRuGEE 📺 Sky 501, Virgin 602, Freeview 233 and YouTube https://t.co/H6bk7ZZzi1
Don't be fooled by Fujitsu's saying that it made a mistake & has a 'moral obligation' to compensate Post Office victims. It knowingly perverted justice, until found out. Its directors must be prosecuted. Otherwise message is that gaming the system is OK. https://t.co/mmEIay1RY3
Fujitsu boss says his 'gut feel' is staff knew of Horizon problems, as he apologises for scandal https://t.co/fErcRMWO6x
Post Office scandal: The ordinary lives devastated by a faulty IT system https://t.co/W1AoMGNbcJ
Fujitsu has been challenged to make a £10 million contribution to a compensation fund by the end of the month for the victims of the Post Office scandal. https://t.co/af5A6Al0ef
'Fujitsu knew their faulty system was destroying lives as subpostmasters were sent to jail' @mrstevenallen @LeoKearse @joshxhowie discuss tomorrow's top stories. https://t.co/ClX0GAZcIj
Fujitsu admits it has a 'moral obligation' to compensate Post Office victims. Listen to the BBC’s business editor Simon Jack on the latest episode of #BBCNewscast
ICYMI: Fujitsu admits for first time it should help compensate Post Office victims. Paul Patterson, company's European boss, admits it had known the IT system was faulty since 1990s. “I think there is a moral obligation for the company to contribute." https://t.co/dpOBmM4qg5
Fujitsu admits it has a 'moral obligation' to compensate Post Office victims https://t.co/Ngz6SBYl0f
Fujitsu has 'moral obligation' to pay Post Office victims compensation https://t.co/1E7dnj8fVk