(Bloomberg) An executive at Fujitsu Ltd., whose software contributed to improper convictions of UK Post Office sub-postmasters, said the company has a “moral responsibility” to help provide redress for those who suffered as a result.Most Read from BloombergBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapMusk Pressures Tesla’s Board for Another Massive Stock AwardApple to Allow Outside Payments for Apps After US DecisionIowa Latest: Haley Unveils New Ad, Looking to New Hampshir
Fujitsu takes $1B knock as post office scandal escalates accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.
The company’s European director apologised to those affected by the glitches in its Horizon system that saw some 700 local post office managers accused of theft and false accounting between 1999 and 2005.
Fujitsu says it will pay compensation in post office scandal accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.