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Former CEOs

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
qwerty2
Posts: 2086
Joined: 30 Jun 2009, 00:42
Gender: Male

Former CEOs

Post by qwerty2 »

Looks like the PO enquiry are coming after Crozier and Moyà green next :nana
https://www.bbc.co.uk/news/business-68452842
yellowbelly
Posts: 3713
Joined: 23 Jun 2015, 15:51
Gender: Male

Re: Former CEOs

Post by yellowbelly »

qwerty2 wrote:
07 Apr 2024, 08:42
Looks like the PO enquiry are coming after Crozier and Moyà green next :nana
https://www.bbc.co.uk/news/business-68452842
It'll just be a show trial, nothing will happen like it did with Thompson. There's no culpability, just hide behind their corporate
image and bureaucracy. Nobody will ever be held responsible.
postslippete
Posts: 4188
Joined: 14 Jul 2014, 16:27
Gender: Male

Re: Former CEOs

Post by postslippete »

If there was any justice then these former CEOs who earned millions in pay and bonuses and were directly or indirectly involved in the horizon scandal should be expected to pay compensation to those postmasters who lost their jobs and thousands of pounds. That should also include the CEO of Fujitsu at the time, Duncan Tait who left with £2.6 million when he stood down in 2019. Maybe these inquiries are designed to ensure that the government/taxpayer gets some of the money back??
On the face of it, shareholder value is the dumbest idea in the world.
CarryingMGMT
EX ROYAL MAIL
Posts: 310
Joined: 29 Jul 2023, 22:33
Gender: Male

Re: Former CEOs

Post by CarryingMGMT »

postslippete wrote:
07 Apr 2024, 15:04
If there was any justice then these former CEOs who earned millions in pay and bonuses and were directly or indirectly involved in the horizon scandal should be expected to pay compensation to those postmasters who lost their jobs and thousands of pounds.
Nice sentiment. Never happening with paying compensation out of their own wealth. Even worse, these people won't even see a single day of jail time between them.

Modern day slave driving
enskied
Posts: 1877
Joined: 16 Aug 2013, 17:14
Gender: Male

Re: Former CEOs

Post by enskied »

CarryingMGMT wrote:
07 Apr 2024, 15:12
postslippete wrote:
07 Apr 2024, 15:04
If there was any justice then these former CEOs who earned millions in pay and bonuses and were directly or indirectly involved in the horizon scandal should be expected to pay compensation to those postmasters who lost their jobs and thousands of pounds.
Nice sentiment. Never happening with paying compensation out of their own wealth. Even worse, these people won't even see a single day of jail time between them.

Modern day slave driving
Exactly. Moya Greene introduced all this crap and they made her a Dame.
hans solo
Posts: 3277
Joined: 06 Feb 2011, 18:08
Gender: Male

Re: Former CEOs

Post by hans solo »

They will be found out and punished
CarryingMGMT
EX ROYAL MAIL
Posts: 310
Joined: 29 Jul 2023, 22:33
Gender: Male

Re: Former CEOs

Post by CarryingMGMT »

hans solo wrote:
09 Apr 2024, 15:47
They will be found out and punished
Highly doubtful. :hmmmm
enskied
Posts: 1877
Joined: 16 Aug 2013, 17:14
Gender: Male

Re: Former CEOs

Post by enskied »

hans solo wrote:
09 Apr 2024, 15:47
They will be found out and punished
They have been found out. I very much doubt that they will be punished, that would set a precedent, that those who take responsibility and get highly rewarded for it , actually believe that they should be held accountable.

They, due to the huge salary they receive can afford the best representation, that is looked at by other privileged people in similar circumstances and are almost always found not responsible for their actions and directives...
That gets passed down the chain.
postslippete
Posts: 4188
Joined: 14 Jul 2014, 16:27
Gender: Male

Re: Former CEOs

Post by postslippete »

enskied wrote:
09 Apr 2024, 18:19

They have been found out. I very much doubt that they will be punished, that would set a precedent, that those who take responsibility and get highly rewarded for it , actually believe that they should be held accountable.

They, due to the huge salary they receive can afford the best representation, that is looked at by other privileged people in similar circumstances and are almost always found not responsible for their actions and directives...
That gets passed down the chain.

There is a lot of truth in this. During the Horizon scandal the Post Office used its legal teams and deep pockets to defend itself against all accusations. It took two decades for those Subpostmasters to receive any justice and as yet no Post Office or Fujitsu execs have been accountable or punished for what happened. Fujitsu still cashes in on government IT contracts and Paula Vennells walked away from the Post Office with a huge payout. The only people who have been punished are normal working people.
On the face of it, shareholder value is the dumbest idea in the world.