Former Padarn Bus Operations Director Darren Price has been ordered to pay Gwynedd County Council (GCC) £61,000 at a proceeds of crime hearing at Caernarfon Crown Court.
It enables the GCC to be reimbursed as far as possible for a concessionary travel fraud committed by Mr Price and former MD John David Hulme.
Proceedings against Mr Hulme were adjourned until 15 February after terms were unable to be agreed with the prosecution over the amount to be paid.
The court heard that Mr Price’s benefit from the fraud was £73,000 and he had £60,948.
Ordering Darren Price to pay GCC £61,000 within three months, Judge Huw Rees warned he would serve 12 months in jail in default of payment.
The two directors of Llanberis-based Padarn Bus were jailed last year for making inflated claims about concessionary passenger numbers and falsifying claim forms.
Last year, after a six-day trial, Mr Hulme was found guilty of fraud between July 2011 and December 2012 totalling £814,655. He was sentenced to six years in jail.
Mr Price pleaded guilty to false accounting covering the period after Mr Hulme was suspended, making false claims totalling £495,877 and was sentenced to two years, three months in jail.
Padarn Bus went into liquidation in May 2014 with debts of £2.4m and the loss of 84 jobs.
