Ministers should have acted through representative on company’s board, inquiry hears
MPs have criticised the government for not acting over the Horizon IT scandal through its representative on the Post Office board, with one calling it a “fatal flaw” in the way it handles the governance of companies over which it has oversight.
The head of UK Government Investments (UKGI) – the body responsible for managing the portfolio of wholly or partially state-owned companies such as NatWest and Channel 4 – admitted the Post Office board needed to be questioned over its lack of “curiosity” about the scandal, which resulted in wrongful prosecution of more than 900 subpostmasters.
