Fujitsu Apologizes for Post Office IT Scandal, Commits to Compensation

Amount of compensation to be determined following the outcome of the ongoing public inquiry.

Fujitsu's CFO, Takeshi Isobe, has publicly apologized to the wrongfully convicted Post Office workers and their families involved in the Horizon IT scandal.
Fujitsu has committed to contributing to compensation payments for the wrongfully convicted post office operators, but the amount will be determined once the direction of the public inquiry becomes clear.
More than 700 Post Office branch managers were convicted between 1999 and 2015 due to failures in the Horizon IT software made by Fujitsu.
Fujitsu has refrained from bidding for new UK government projects in the aftermath of the scandal, but will continue to work on existing projects.
The ongoing statutory inquiry into the scandal is being chaired by the retired high court judge Sir Wyn Williams.