Lotus has fired CEO Dany Bahar and appointed Aslam Farikullah as the company's Chief Operating Officer, effective immediately. The move was unsurprising, as an investigation into Bahar's expenses had led to his suspension last week.
The 51-year-old Farikullah is said to have over 26 years of professional experience, most of it in the auto industry, according to a statement issued by Lotus.

Lotus didn't offer any explanation or provide any details about the Bahar scandal, telling Car that his dismissal was confidential. Other reports indicate that he was, in fact, fired for misuse of company funds, something that European regulators take a dim view of.

Scroll down to read the brief statement from Lotus.
Show full PR text
LOTUS APPOINTS CHIEF OPERATING OFFICER - Confirms dismissal of Dany Bahar

Group Lotus plc ("Lotus" or the "Company") can today confirm that, Mr Dany Bahar has been terminated from his employment as Chief Executive Officer of Lotus with immediate effect.

The decision was made by the Board of Group Lotus plc following the results of an investigation into a complaint made against him by the company's penultimate holding company, DRB-HICOM Berhad.

The Company today also announced the appointment of Mr Aslam Farikullah as the Company's Chief Operating Officer with immediate effect. Mr Aslam, aged 51, has over 26 years working experience, most of which was in the automotive industry. He graduated from University of Bath, England with a Bachelor of Science (Hons) in Engineering. A British permanent resident, Mr Aslam and his English wife of 27 years have three children aged 26, 22 and 16.

Dato' Sri Haji Mohd Khamil Jamil, Group Managing Director of DRB-HICOM Berhad and also Chairman of Lotus said: "I would like to assure you that we remain committed to ensure the ongoing and future business operations of the Lotus Group as we take the Lotus Group to the next level to remain relevant in the global automotive industry. I look forward to bringing mutual benefits to not only DRB-HICOM and PROTON Holdings Berhad but also the Lotus Group and its employees as well as contribute to the growth of the British automotive industry."


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 38 Comments
      Groagun
      • 2 Years Ago
      I was going to write a long winded but detailed piece on why this is great, and it is, but I will just say this: This incompetent, corrupt A-Hole should never had gotten the job and I fear he may have left an insurmountable legacy in costs and contracts they may see the company have to fold. I hope not, and feel for the people in Hethel and the region who depend on this company to feed and shelter their families. This idiot may have destroyed the whole thing, I hate that guy. I wish more people knew why he was forced out of Ferrari.
        Johnny-wat
        • 2 Years Ago
        @Groagun
        Have ever seen a Proton? Their cars are some of the worst in the world. Behind even Kia and Hyundai back in their shitty days. And they're still behind this very day. Their company has enormous potential. Always had. ****, they even had everything going for them, what with the Malaysian government introducing taxes up to 300% for any non-Malaysian vehicle. They pretty much had the market cornered. But somehow, they keep screwing up. It's a completely mismanaged company. I don't even know how the hell they got their jobs, but from what I understand, it's all political related. No surprise then that this moron here got the job!
          • 2 Years Ago
          @Johnny-wat
          [blocked]
          Groagun
          • 2 Years Ago
          @Johnny-wat
          Johnny-wat, your right. Proton was and is a horrible company filled to the rafters with poor and corrupt leadership. Tun Dr. Mahathir, former prime minister of Malaysia and who was leader during the time of industrialization and transformation of the Malaysian economy was, after retirement, appointed as a special adviser to Proton and is solely responsible for hiring this turd. The circumstances surrounding the hiring where suspect to say the least and ever since then the company has accelerated it's downward spiral. This whole deal stinks to high hell but you don't get to be a national leader without accumulating the know how to side step land mines like this. From the very top right down, this is a cluster f***.
      twincam72
      • 2 Years Ago
      Well, I've owned four Lotus cars in my life. Probably too old to own a new one as the styling is more for you younger guys. But when I was in my twenties and thirties, I destroyed the street competition with my Elan Sprint. Twin webers. Isky cams. Free-flow headers. Stebro exhaust. European centrifugal advance distributor. (Try finding one of those these days. It was hard in 1980.) Pirelli CN36s that were like glue on dry roads, dangerous on wet roads, however.) roll bar, three-eared spinners. balanced engine. head ported and polished. Up to 60mph, my 4-cyl Elan could match the acceleration of a Pantera. Blew away 240, 260 and 280 Zs. I used to tell people my Elan could run the quarter mile in 15 seconds flat. Big deal, everyone would say. My Mustang, my Corvetter, my Charger can do it 13.5 or some such number like that...to which I responded, 'but my quarter mile has a ninety degree turn in it.' That shut them up. And I wasn't lying, either.
        switzarch
        • 2 Years Ago
        @twincam72
        The Lotus Elite still is one of the best designed coupes ever. The Europa was just a tad too radical, even for its time.
      RGT881
      • 2 Years Ago
      Sniff Petrol had excellent coverage on Dany Bahaha debacle. Including a nice photoshop of him as an Iraqi General saying "there are no troubles at Lotus". Fact is he borrowed too much, hasn't delivered results and his racing program proved to be a failure. Leech onto every big race team and not pay for sponsorship, or develop crap engines for Indy.
      Lunch
      • 2 Years Ago
      Yes, 26 years of cheating on his expenses.
      juststeve35
      • 2 Years Ago
      In the US he would have received a promotion and been named Car Czar within the Obama Administration.
        Butch Royall
        • 2 Years Ago
        @juststeve35
        No matter what the subject, you people who apprantly have nothing constructive or interesting to add must bring Obama into it. Please find something new too wine about, Obama this and he did that, is really getting old.
        Donnie
        • 2 Years Ago
        @juststeve35
        Yo, Dipstick, this is an autoblog. Take the political commentary to a more appropriate forum.
          • 2 Years Ago
          @Donnie
          [blocked]
          diabalos76
          • 2 Years Ago
          @Donnie
          don't get pissed at your fellow countrymen because they're frustrated at today's state of affairs. you know how **** is when everything is f'd up in life everywhere you look, every day you look. just skip his **** and move on
        • 2 Years Ago
        @juststeve35
        [blocked]
      • 2 Years Ago
      [blocked]
        tump
        • 2 Years Ago
        As a former Lotus owner (loved it), this company would be my first and only "play" purchase as an overnight bajillionaire. Fixing this company's problems is not that hard overall. Less executive corruption would go a long way towards those goals. Reduce, simplify, keep the traditions that make the brand and eject what doesn't fit.
          Synthono
          • 2 Years Ago
          @tump
          Lotus isn't Porsche though, the brand isn't as strong in the luxury area as Porsche was before they launched the Cayenne. Dany Bahaha's plan was idiotic, because Lotus didn't have the money or manpower to execute it - they're doubling their product lines, and it's a tiny company. Introducing more models might be a good idea overall, but you can't do it all at once. A new Elise/Exige was urgent, after that they could expand upward or try a sedan, but the only way to actually successfully pull it off is to introduce one model at a time, gradually diversify in a sensible manner. Do everything all at once, and nothing actually gets done.
          • 2 Years Ago
          @tump
          [blocked]
          • 2 Years Ago
          @tump
          [blocked]
      Jon Wax
      • 2 Years Ago
      fold... please fold. and take the shop across the street with you. Peace
      • 2 Years Ago
      [blocked]
      twincam72
      • 2 Years Ago
      Well, I guess now that Farikullah is taking over, we're going to see a new model. It will be called the Lotus Jihad.
        • 2 Years Ago
        @twincam72
        [blocked]
      blacccc
      • 2 Years Ago
      Busted!
      Ritesh Sarvaiya
      • 2 Years Ago
      This is shocker for sure !! Hope aslam should be able to make serious impact to lotus, more on this can be found here http://www.localcarsnow.com/blog/
      switzarch
      • 2 Years Ago
      I don't think Colin Chapman ever contemplated such goings on. Pity
    • Load More Comments