Dany Bahar has been dismissed as chief executive of Group Lotus
Group Lotus has dismissed Dany Bahar from his post as chief executive with immediate effect.
A statement issued today said the decision was made by the board of Group Lotus plc following the results of an investigation into a complaint made against Bahar by the company's owner, DRB-Hicom.
Bahar was suspended from his role last month. A report in the Sunday Telegraph at the time said the suspension was related to an investigation into his expenses.
Aslam Farikullah, one of three DRB-Hicom executives who took over the running of Lotus when Bahar was suspended, has been installed as the company’s chief operating officer.
Bahar joined Lotus from Ferrari in September 2009, and started an ambitious programme to launch up to six new models and make the Norfolk car manufacturer profitable. These were all revealed at the Paris motor show in 2010.