Fujitsu's European chief executive, Paul Patterson, defended the company's continued profitability from government contracts despite its central role in the Post Office Horizon scandal, telling MPs that Fujitsu is "not a parasite." The statement came during questioning by the Business and Trade Committee, where Patterson addressed concerns over the company's ongoing financial relationship with the UK government.

Patterson acknowledged that Fujitsu had been awarded £500 million in contract extensions despite the widely acknowledged failures of its Horizon software. He emphasized that the government retained the option to discontinue these contracts, stating that Fujitsu would not be bidding for any new business. This decision comes as the company faces mounting pressure to contribute to the £1.8 billion redress scheme established to compensate victims of the scandal, which is currently funded by taxpayers.

The Horizon scandal has had a significant impact on Fujitsu's reputation and raises questions about the future of its government contracts. While the company's existing contracts provide a steady revenue stream, the reputational damage could affect its long-term market position, particularly in the public sector. The scandal has also intensified scrutiny of government procurement processes and the accountability of technology providers.

Fujitsu is a multinational information technology equipment and services company. The Horizon system, developed by Fujitsu, was implemented in Post Office branches across the UK. Flaws in the software led to incorrect financial data, resulting in the wrongful prosecution of over 900 sub-postmasters. Hundreds more faced financial ruin after using their own savings to cover apparent shortfalls.

The future outlook for Fujitsu in the UK remains uncertain. While the company is honoring its existing contracts, its decision to refrain from bidding on new business suggests a cautious approach. The extent of Fujitsu's financial contribution to the redress scheme, which Patterson repeatedly declined to specify, will likely be a key factor in shaping public and government perception of the company moving forward. The ongoing public inquiry into the Horizon scandal will also play a crucial role in determining the long-term consequences for Fujitsu and its role in future government projects.