Fujitsu 'not a parasite' for profiting after Horizon scandal, says boss

Fujitsu ‘Not a Parasite’ Amid Horizon Scandal, Says CEO

Fujitsu is firmly distancing itself from the label of parasite concerning its profits from government contracts following the Post Office Horizon scandal. During a recent appearance before the Business and Trade Committee, Paul Patterson, Fujitsu’s European CEO, addressed concerns regarding the company’s role and accountability in the aftermath of this significant miscarriage of justice.

Key Points from Paul Patterson’s Statements:

Continued Government Contracts: Fujitsu has secured £500 million in contract extensions despite its faulty Horizon software being linked to the wrongful prosecution of over 900 sub-postmasters.

Defense Against Allegations: Patterson stated, We are not a parasite; the government has the option to continue or extend these contracts. He emphasized that Fujitsu does not plan to bid for new government business until the related inquiry concludes.

Contribution to the Redress Scheme: When pressed for details on how much Fujitsu would contribute to the £1.8 billion redress scheme—currently funded by taxpayers—Patterson declined to specify an amount but assured MPs that the firm remains committed to making a contribution once the official Post Office Horizon IT Inquiry’s findings are released.

Impact of the Horizon Scandal:

– The Horizon system’s faults led many sub-postmasters to mistakenly believe funds were missing, prompting wrongful prosecutions. This has been widely regarded as one of the gravest miscarriages of justice in British history.

– Campaigner Jo Hamilton, a former sub-postmaster, expressed frustration, urging Fujitsu to just pay a fair share of the compensation, believing it essential to return a portion of their earnings to the victims to assist with the financial burden on taxpayers.

Ongoing Scrutiny and Corporate Accountability:

– Chancellor Rachel Reeves has allocated £1.8 billion to compensate victims, of which £1.4 billion has already been distributed. Despite this, concerns linger about Fujitsu’s lack of transparency regarding its financial responsibilities.

– MPs expressed skepticism about Fujitsu’s intentions, with Labour MP Liam Byrne criticizing the company’s delay in disclosing its contribution, suggesting that such actions could indeed be perceived as parasitic behavior towards the government.

– Patterson defended Fujitsu’s dedication to the UK, citing a proud 40-year history, 5,000 employees, and numerous subcontractors supporting various sectors.

Conclusion: The Path Forward for Fujitsu

As Fujitsu navigates the aftermath of the Horizon scandal, it is clear that the company’s reputation is at stake. While it asserts that it is not a parasite, ongoing questions about its financial commitments and ethical responsibilities continue to challenge its narrative. The outcome of the official inquiry and Fujitsu’s subsequent actions will be critical in determining how the company is viewed moving forward, both by lawmakers and the public.

Leave a Reply