Pot Office boss Nick Read given last chance to submit 80-page report on his behaviour to MPs | Business News


The Post Office’s embattled chief executive has been issued with a final chance to submit the 80-page investigation into his conduct before a committee of MPs look to formally summon the report.

After a number of lapsed deadlines to provide the report, Nick Read has been told by the Business and Trade Committee chair he has a deadline of 9am on Tuesday morning.

If it is not submitted by then, the committee will discuss formally summoning the document, an infrequently used and limited power retained by MP committees when they are unsuccessful in their normal requests.

The existence of the report came as a bombshell last week.

It had been thought that the former Post Office chairman Henry Staunton, sacked earlier this year by business secretary Kemi Badenoch, had been subject to investigation.

But at the committee hearing last week, Mr Staunton said he was only mentioned in one paragraph and the report was “a big investigation into Nick”.

The report was compiled by a former human resources (HR) director and whistle-blower and said Mr Read threatened to resign because he was unhappy with his pay and made accusations of bullying. According to a Sunday Times report, Mr Read sought a £1.1m pay package.

More on Post Office Scandal

Mr Read has denied he made resignation threats.

Sub-postmaster victims of the Post Office’s faulty Horizon software have been seeking redress after hundreds were convicted of false accounting, theft and fraud and many more lost their businesses and were in financial and personal ruin after the Fujitsu-built accounting software wrongfully documented monetary shortfalls.

The postmasters’ fight for justice had been increasingly overshadowed by corporate wrangling of the Post Office.

Read more:
Who is Henry Staunton, the City grandee who took on Kemi Badenoch?

After he was removed from his post, Mr Staunton said he had been told by the Department for Business and Trade to slow down the processing of compensation.

In documents exclusively obtained by Sky News, he called for the Post Office to be “removed completely” from the compensation process and for it to be put under the control of postmasters due to the “deep dysfunction” within the organisation.

It’s understood the chair of the Business and Trade Committee, Labour MP Liam Byrne, requested the HR investigation be sent to the committee by last Thursday, and when the deadline passed, by Monday afternoon.

A Post Office spokesperson responded: “Post Office has previously and will continue to correspond with the committee, and any requests that it may have, in a private manner.”

Read original article here.

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