Dany Bahar's suspension from Lotus is related to an investigation into expenses, according to a reports.
A Lotus spokesman refused to confirm or deny this report when contacted by Autocar, but the Sunday Telegraph claimed his suspension was related to a dispute regarding building work at one of two homes that was rented on his behalf in Norfolk.
Bahar and Lotus are currently in dispute with a self-employed builder in regard to an unpaid bill of £92,845 for work done on one of his homes.
DRB-Hicom, which bought Proton and Lotus in January, announced last week that it was suspending Bahar, pending an investigation.
At the time, a Lotus spokesman stressed to Autocar that the door was open for Bahar to return to the helm of the company if he was cleared of any wrong-doing. It was also confirmed that only Bahar has been suspended in relation to the investigation.
Bahar joined Lotus from Ferrari in 2009.