Post Office CEO Nick Read Under Investigation, Resignation Rumors Amid Compensation Delays for Wrongly Prosecuted Sub-Postmasters
• Former Post Office chairman claims current CEO Nick Read is under investigation • Read allegedly wanted to resign 4 times due to unhappiness with pay • 700 sub-postmasters were wrongly prosecuted from 1990-2015 due to Horizon IT issues • Compensation process for sub-postmasters has slowed significantly • Business Secretary and former chair are at odds over pace of compensation payments