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.


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    • 1 Second Ago
  • 11 Comments
      SloopJohnB
      • 2 Years Ago
      Clearly this car violates several tenets of sharia law...and Bahar probably did too.
        Johnny-wat
        • 2 Years Ago
        @SloopJohnB
        There's no Sharia Law in Malaysia like the Taliban enforced. There is a Sharia Court, but so long as you're not a Muslim, none of the laws apply to you. And the Sharia Court only enforces a minimum of religious matters like marriage and anything else that secular law does not cover. Dany Bahar isn't a Muslim, at least I don't think so.
      Ryan
      • 2 Years Ago
      Bahar has been responsible for so much vaporware coming out of Lotus Duke Nukem is cringing. Not surprised at all that he might be shady/slimy. I wouldn't be surprised to hear in the next 12 to 18 months that this "Lotus Empire" he is building is nothing more than a house of cards.
        Britt Benston
        • 2 Years Ago
        @Ryan
        It's tough to comment on something for which you have no first-hand information. First-hand information, for example, would be something like, commenting on the steering and composure of an actual Lotus, for which you can go to a dealership and actually experience year-over-year improvements. While you are there, you should ask those hard-working people if you can sample their "vaporware".
          Mondrell
          • 2 Years Ago
          @Britt Benston
          I think you're missing his point, Britt. One of the biggest concerns some harbor for Lotus is Bahar's business plan to expand into a relatively full-line exotic manufacturer, as its ambition and scope seems dearer than the company can reasonably afford. The 'vaporware' I believe Ryan refers to, albiet prematurely, are the cars and technology it is supposed to yield. Lotus has been very quiet about its progress, though not quite suspiciously; the first of its new product tentative release dates is early '13 for the new Esprit.
      Jonnie
      • 2 Years Ago
      My guess is CBT. He tried to sell off Lotus to Toyota, or any Chinese group behind everyone's back. Open secret in Malaysia.
      Ian Gotts
      • 2 Years Ago
      The issue is one of business strategy. No-one would mind Bahar's "excesses" if Lotus were in rude health, But it's not. In my blog, Why can't Lotus make a profit? http://iangotts.wordpress.com/2012/06/04/why-cant-lotus-cars-make-a-profit-lotuscars-manufacturing-evomagazine/ I think the clues are there to see. Let's hope that Lotus pulls through. Their cars are too good to lose.
      • 2 Years Ago
      [blocked]
      drewpy
      • 2 Years Ago
      I really like the idea of lotus... I hope they don't turn into ****...I would be thrilled to see them turn into real competition for Porsche and Ferrari...it would be such a cool underdog story.
      Jonnie
      • 2 Years Ago
      Also he is gambling others money. Stake are high. He was even asked to invest own money as collateral. Guess the banker got panicked.
      Britt Benston
      • 2 Years Ago
      I understand, Mondrell. You seem to describe him as overly ambitious, given Lotus' stature against Ferrari, Porsche, Lamborghini and Aston. I'd agree, though I admire his tack. Ryan seems to describe him as more of a BS artist. I see concept cars as the most reliable way of focus-grouping a concept, and sometimes that requires intent to produce in order to get valid responses from potential buyers. It's not fair to call the concepts and the intent vaporware when it's an old company with a dealer network making and selling formidable sports cars. Thanks for your point, though!