Post Office chief govt apologises over unapproved bonuses linked to Horizon

The chief govt of the Post Office has apologised for paying himself and different senior officers unapproved bonuses referring to the Horizon IT Inquiry.

Unbeknown to the inquiry’s chair, retired High Court decide Sir Wyn Williams, the Post Office authorised the funds primarily based on a goal executives had set themselves.

Letters between the Post Office and inquiry representatives revealed on Friday reveal that “remunerations” have been awarded for the executives succeeding in supplying “all required evidence and information on time”.

The Post Office’s annual monetary report additionally states that the funds have been signed off by Sir Wyn, which they weren’t.

After a solicitor to the inquiry, Segun Jide, wrote to the Post Office to hunt clarification on this, the corporate’s chief govt, Nick Read, apologised and stated he would return his bonus.

In his letter on behalf of the Post Office addressed to Sir Wyn, Mr Read admitted that it had failed to hunt approval on the funds, which he conceded was an “unacceptable error on our part”.

Mr Read stated: “I would like to reassure you that we continue to work hard as a business to support every aspect of the inquiry’s work and are determined to put the interests of the postmasters affected first.

“Our clear intent remains to offer full and fair compensation as quickly as possible and we are doing all we can to work with the Government to achieve that.

“I will personally continue to ensure that the business gives the utmost support to you and the inquiry team so that all the lessons can be learned from this Horizon IT scandal.”

Sir Wyn wrote again to Mr Read thanking him for “taking the trouble to personally apologise to me on behalf of the Post Office”, and suggested him that the letters can be made public.

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