Posted May 28th 2012 8:00AM
DRB-Hicom has suspended Lotus CEO Dany Bahar pending an investigation into the executive's conduct. While the sports car manufacturer's parent company has declined to comment on exactly which facet of Bahar's conduct is in question, The Telegraph reports the inquiry may be related to expenses. DRB-Hicom is said to have confiscated Bahar's laptop and mobile phone as part of the investigation. Reportedly, the executive rented in two homes in Norwich, both paid for by Lotus.
As you may recall, DRB-Hicom purchased Lotus parent company Proton in January. The sportscar manufacturer's future has been uncertain since then, though Proton has made it clear it has no intention of selling the company in the near future. Day-to-day operations will now be handled by three representatives of the Lotus parent companies, including Dato' Lukman Ibrahim, Mohd Khalid Yusof and Aslam Farikullah.