Post Office Horizon Scandal: Compensation Payments Debate
Full Debate: Read Full DebateLord Stirrup
Main Page: Lord Stirrup (Crossbench - Life peer)Department Debates - View all Lord Stirrup's debates with the Department for Business and Trade
(6 months, 1 week ago)
Lords ChamberThe Government are a shareholder, and there is only one shareholder in this company, if you can call it a company—I have never come across a company that has only one. Therefore, the Secretary of State is exercising her shareholder right to reorganise the board of this company to make it fit for purpose to make sure that this does not happen again. In the meantime, the Government, through the Treasury, provided the thick end of £1 billion to pay compensation. The Government also committed to taking full recourse against Fujitsu in due course. In the meantime, a statutory inquiry, with statements being taken under oath, is ongoing. When the truth has emerged, there will be a price to pay.
My Lords, in answer to an earlier question, the Minister said that £150 million of public money has been expended correcting the system. Why is it not £150 million of Fujitsu’s money? Will whatever expenditure the Government have made in putting things to rights be extracted in due course from Fujitsu?
That is absolutely the case, and my colleague in the other place, Minister Hollinrake, has made it very clear that we will pursue Fujitsu for its share of the compensation. It is not right that the sole payer of the compensation should be the taxpayer.