MPs slammed Fujitsu today for not contributing “a penny” to the £2 billion redress Bill for victims of the Horizon scandal.

The business and trade committee (BTC), which scrutinises the work of the government department, said it had found “serious structural failings” in the compensation process.

More than 11,500 claimants have received payments worth approximately £1.48 billion, as of February 27, through several schemes set up to compensate postmasters.

The total costs of redress rise to about £2bn once legal and administrative costs are taken into account.

Japanese firm Fujitsu ran the faulty Horizon accounting system, which made it look like money was missing from their branch accounts.

It is at the centre of the long-running Post Office scandal, which saw around 1,000 people wrongly prosecuted and convicted between 1999 and 2015.

The BTC said progress had been made in delivering redress to victims, but that thousands of subpostmasters were still waiting for compensation.

Many victims still face delays, inadequate offers and administrative processes that “retraumatise” those who have already faced injustice, according to its report.

Labour MP Liam Byrne, chairman of the BTC, said: “Thousands of victims are still waiting for fair redress, while the processes designed to help them are too often slow, bureaucratic and retraumatising.

“That is simply unacceptable after one of the greatest miscarriages of justice in British history.

“Worse, Fujitsu has yet to contribute a penny to the nearly £2bn redress bill, even as it continues to benefit from public contracts. That cannot continue.

“It is simply wrong that taxpayers are covering the costs for Fujitsu’s sins while Fujitsu is still profiting from taxpayers-funded contracts.”

A spokeswoman for Fujitsu said it continues to work with the government regarding its contribution to compensation.