Post Office hunts board member to oversee IT scandal compensation

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The Post Office is recruiting a board member to oversee the potentially vast compensation scheme resulting from the IT scandal which led to the prosecution of hundreds of sub-postmasters. Sky News has learnt that the government has authorised the appointment of a new non-executive director to chair a committee that will oversee the management of the company's Historical Shortfalls Scheme - with the cost potentially running to hundreds of millions of pounds. The decision to hire a new director has emerged in the same week that the government confirmed a Sky News report that it was amending the terms of an inquiry into the Post Office's Horizon IT scandal to place it on a statutory footing.