Slow payouts and concerns over legal fees
A report by the Business and Trade select committee has highlighted the need to remove the Post Office from its role in handling compensation schemes for victims of the Horizon scandal. According to MPs, the payouts are not being processed quickly enough, with only £499 million of the budgeted £1.8 billion distributed so far.
Loss of grip on the situation
Committee chairman Liam Byrne expressed concerns over the Post Office's handling of the compensation process, stating that the organization appears to have "lost its grip" on the situation. Byrne emphasized the urgency of the issue, noting that individuals affected by the scandal are passing away before receiving the justice they deserve due to the slow process.
Legal fees controversy
In addition to the delay in payouts, MPs raised alarms about the substantial fees being paid to legal teams involved in the redress schemes. Since 2020, legal fees have accounted for £136 million of the overall cost of administering the Post Office-led schemes, representing 27% of the compensation funds disbursed.
Post Office's response
A Post Office spokesman responded to the concerns by stating that the organization is collaborating with the government to expedite the payment of redress to victims of the Horizon scandal.
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