9 months ago
30
UK business minister’s letter likely to put further pressure on Fujitsu’s share price
The UK business minister, Kemi Badenoch, has written to Fujitsu to demand talks on how much it would pay towards compensating Post Office Horizon victims, after the scandal wiped more than $1bn off its value.
The share slump followed testimony from one of its senior executives on Tuesday who told MPs the Japanese technology company had a “moral obligation” to contribute to any redress for the hundreds of post office operators who were wrongfully prosecuted on the basis of its faulty IT system.
Continue reading...