A fatcat who quit in a row over taxpayer-backed £3.9million pay was rehired on £3,000 a DAY.
Mike Betts, 59, left a firm which provides cars to disabled people amid anger at his £1.7million salary and a projected bonus of £2.2million.
But the boss, who has a £5million penthouse near London’s Tower Bridge, was then recruited as a consultant by Motability Operations.
He was paid £321,000 between June and November last year.
Labour MP Stephen Timms, head of the Commons Work and Pensions Committee, slammed the decision.
What do you think of this story? Let us know in the comments below.
He said: “Motability Operations’ business model relies on welfare payments for disabled people and it receives substantial tax reliefs.
"When Mike Betts announced his departure – after two committees described his remuneration as ‘totally unacceptable’ – it seemed Motability leaders were serious about turning over a new leaf. Latest revelations suggest that they still have a long way to go.”
Mr Betts faced MPs’ questions over Motability Operations finances in 2019. Labour’s Lord Field now says a fresh investigation is needed.
Motability Operations, the commercial arm overseen by the Motability Charity, brought Mr Betts back “to address challenges presented by Covid-19”.
Its latest accounts said: “Mike Betts was paid £321,000... £3,000 for each day worked and a bonus of £75,000 determined against targets.”
A Motability Operations spokesman said: “After stepping down from the role of CEO, Mike Betts postponed his retirement – pending the arrival of his successor – to support the business during a period of considerable challenge from the Covid-19 pandemic.”
Mr Betts declined to comment.
