Vince Cable Acknowledges Oversight Failures in Post Office Horizon Scandal

Former business secretary admits lack of awareness and apologizes for wrongful convictions of subpostmasters.

Cable describes Post Office managers as 'thugs in suits' during inquiry testimony.
He admits to being unaware of private prosecutions under his watch from 2010 to 2015.
Over 700 subpostmasters were wrongfully convicted due to faulty Horizon IT system.
Cable accepts partial responsibility, citing a 'clear policy failure' in his department.
Many affected subpostmasters are still awaiting full compensation.