Third phase of the public inquiry into the Horizon IT scandal reveals the extent of Post Office and Fujitsu cover-up of software problems that went on to write ‘as dark a chapter in our governmental, corporate and legal history as can be imagined’.
1/1 AN “OVERWHELMED” second hand car seller committed a £160,000 fraud at a post office in an effort to keep the business afloat. Anthony Chediak was spared an immediate prison term by a judge at Bournemouth Crown Court this week, one-and-a-half years after the postmaster was jailed for fraud by abuse of position. Chediak presented four cheques totalling £160,000 to Newtown Post Office in Sea View Road in September 2017. These were to be paid into the accounts of two businesses – Coastline Cars Limited and Coastline Vehicle Supply Limited, both registered to offices in North Road, Poole, which he was running at the time.
A FORMER Post Office boss who oversaw the subpostmaster wrongful prosecution scandal wants to sell off Liverpool Victoria (LV) originally created to help workers avoid a pauper’s funeral, Labour has warned.
Shadow minister for international trade Gareth Thomas said that Alan Cook, Post Office managing director from 2006 to 2010 and now LV chairman, is driving the sale of the 178-year-old friendly society to US private equity giant Bain Capital.
The Labour Co-op MP for Harrow West pointed out that Mr Cook promised not to demutualise the insurance giant when he oversaw its conversion into a company limited by guarantee and therefore without shareholders in 2019.