The financial reports of the Olympic Delivery Authority (ODA) show 144 officials were paid a share of more than ?2m ahead of the authority winding down in 2014.
Exit payments, to staff on permanent contracts, cost ?2.8m in 2012-13, the Annual Report and Accounts said.
Chief executive Dennis Hone was paid ?80,000 with ?373,000 for his pension.
BBC News - Redundancy payments for Olympic executives cost ?2.8m
He now works for Boris Johnson, a quote from his appointment:
The man had only been CEO of ODA since February 2011, before that he'd been director of finance for 4 years. How can that justify a payment towards his pension of ?373,000 for about 6 years work?? and the government have a go at public sector pensions as being gold plated eh.
Exit payments, to staff on permanent contracts, cost ?2.8m in 2012-13, the Annual Report and Accounts said.
Chief executive Dennis Hone was paid ?80,000 with ?373,000 for his pension.
BBC News - Redundancy payments for Olympic executives cost ?2.8m
He now works for Boris Johnson, a quote from his appointment:
Boris Johnson, Mayor of London and Chairman of the London Legacy Development Corporation, has appointed Dennis Hone as Chief Executive Officer (CEO).
Dennis has been the interim CEO of the Legacy Corporation since August 2012 and is also the CEO of the Olympic Delivery Authority (ODA). He will continue in his role at the ODA until March 2013 and share his time between the two organisations until then.
Dennis has been the interim CEO of the Legacy Corporation since August 2012 and is also the CEO of the Olympic Delivery Authority (ODA). He will continue in his role at the ODA until March 2013 and share his time between the two organisations until then.
The man had only been CEO of ODA since February 2011, before that he'd been director of finance for 4 years. How can that justify a payment towards his pension of ?373,000 for about 6 years work?? and the government have a go at public sector pensions as being gold plated eh.
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