May 7, 2023
Horizon scandal: Post Office boss to pay back part of bonus
The chief executive of the Post Office, Nick Read, will return part of his £450,000 bonus for last year, after a rebuke from the chairman of the inquiry into the Horizon computer scandal. In its financial accounts for last year the Post Office said its executives had met all their obligations to support the inquiry into the system. The Horizon inquiry is investigating how hundreds of sub-postmasters became victims of a vast miscarriage of justice. In the Post Office's annual accounts for last year published on 1 March, there was a target for executives defined as: "All required evidence and information supplied on time, with confirmation from Sir Wyn Williams and team that Post Office's performance supported and enabled the Inquiry to finish in line with expectations". After a lawyer acting on behalf of Sir Wyn questioned the accounts, the Post Office issued a statement apologising for the "Inappropriate sub-metric related to the Horizon IT Inquiry".
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