Metropolitan Commander Stephen Clayman, the police officer leading the investigation, said there was a “pool of about 45 people plus” classed as “persons of interest” which was “expected to grow”, Sky News reported.
However criminal trials over the scandal may not start until 2028, Clayman told the BBC.
“Other large investigations linked to a public inquiry have exactly the same thing. And I really do understand the frustration for those who are at the centre of this, who are the victims.”
Four suspects have been interviewed under caution since 2021, with the most recent in this year.
Clayman said the police started with “those at the front line – the Post Office investigators, solicitors, those who were involved in the immediate decision-making”.
Earlier this week a committee of MPs said plans to compensate subpostmasters wronged by the Horizon IT scandal are “still moving far too slowly”.
The Government announced earlier this month that more than £1 billion has been paid out to subpostmasters across the Horizon-related schemes.
Committee chair Sir Geoffrey Clifton-Brown has described the scandal as “one of the UK’s worst ever miscarriages of justice” as “thousands of people were failed deeply by the system”.
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