Dany Bahar has been suspended from his role as chief executive officer at Group Lotus following a complaint about his conduct, parent company DRB Hicom has confirmed.
The confirmation follows an afternoon of speculation over Bahar’s future. Bahar was due to be at the Monaco Grand Prix today, but missed appointments at the event. Reports suggest he was instead called to Malaysia, where he was given news of his suspension.
DRB Hicom said it made the decision following an operational review, and staff at Lotus’s Hethel, Norfolk headquarters were informed earlier today. Nobody other than Bahar has been suspended.
Although no details of the investigation have been revealed, sources have indicated that Bahar will be welcome to return to his position if the investigation finds no fault on his part. It is not clear how long the investigation will take.
“Group Lotus plc (“Lotus”) can today confirm that, following an operational review, chief executive Dany Bahar has been temporarily suspended from his role to facilitate an investigation into a complaint about his conduct made by Lotus’ penultimate parent company, DRB-Hicom Berhad,” a DRB Hicom statement said.