R&T: Lotus Fires Dany Bahar

[NewsCopy]

Photo by Gabriel Bouys/Staff/Getty ImagesGroup Lotus has dismissed Dany Bahar following the results of an investigation into a complaint by DRB-Hicom Berhad, the Malaysian-based company that ultimately owns Lotus.Although the company has installed 51-year-old Aslam Farikullah as chief operating officer, Bahar’s dismissal is bound to cast doubt over his ambitious plan to develop five new [...]Related posts:

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[oshelB]

Dany Bahar, the CEO of the Malaysian-owned sports and racing car producer Lotus, was terminated Thurs after a two-week suspension and examination into his conduct. Lotus CEO Bahar sacked following investigation. Although no specific reason was given for the dismissal, there are speculations that it is likely related to his use of company funds.