The board of directors of troubled electric vehicle startup Faraday Future has made the decision to appoint its founder, Jia Yueting, as the company’s co-CEO. This move comes three years after Jia was removed from his position following an internal investigation into allegations of fraud, which also led to an ongoing investigation by the Securities and Exchange Commission.

Jia will work alongside the current CEO, Matthias Aydt, and will be responsible for overseeing the company’s finance, legal, and supply chain teams, as announced by Faraday Future in a press conference on Thursday. Aydt, a longtime employee of the company, has had his own share of controversies, including being placed on probation after offering a significant amount of money to a Faraday Future board member to resign during a power struggle.

This appointment comes just a month after Faraday Future named Jerry Wang, Jia’s nephew, as the president of the EV startup. Wang had previously resigned from the company in 2022 due to his failure to cooperate with the internal investigation, according to filings with the Securities and Exchange Commission.

Faraday Future was founded by Jia in 2014, as an attempt to build on his successful electronics and media streaming empire in China. However, the empire eventually collapsed, leading Jia to focus on Faraday Future in the United States.

Over the past decade, the company has spent over $3 billion developing an ultra-luxury EV called the FF91, but it has only managed to sell around a dozen units to date. Furthermore, Faraday Future has been accused in lawsuits of misrepresenting some of these sales, which has raised concerns about the company’s business practices.