17:27
Tieng Anh Vui
The financial reports of the Olympic Delivery Authority (ODA) show 144 officials were paid off because they were given permanent contracts despite the authority winding down in 2014.
Exit payments cost £2.8m in 2012-13, the Annual Report and Accounts said.
Chief executive Dennis Hone, made redundant in March, was paid £80,000 and an "immediate pension" of £373,000.
An ODA spokesman said hiring the best people required many to give up secure long-term jobs elsewhere.
'Tough criteria'
Stephen Barclay, a Conservative member of the House of Commons public accounts committee called the situation "perverse" because "we knew when the Olympics were going to finish".
The financial reports note that the chief executive was entitled to receive statutory redundancy pay and a terminal bonus equivalent to 60% of his salary.
Executive Board Exit Payments
- Dennis Hone £80,000
- Wendy Cartwright £36,000
- Hugh Sumner £73,000
- Simon Wright £72,000
Source: ODA Annual Reports and Accounts
It said: "The Remuneration Committee decided to award a terminal bonus of 49% of his salary and to defer 50% of the bonus until the successful completion of the sale of East Village to QDD."
Mr Hone was hired shortly after his redundancy as chief executive of the London Legacy Development Corporation.
An ODA spokesman said London 2012 had been a "unique and challenging project and a great British success story".
He said: "We needed to recruit and pay for the best talent from the private and public sectors, requiring people in many cases to give up secure long-term jobs elsewhere, with no certainty of the project's success or getting a job after the Games.
"Like other staff, Dennis Hone received performance related pay, but this was far from guaranteed and was measured against tough performance criteria, evaluated personally and in relation to the organisation he successfully led in the critical 18 months up to the Games, during London 2012 and immediately after."
On Friday, a report for the UK Trade and Investment department suggested the Olympics resulted in a £9.9bn boost for the economy.
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