Lotus CEO Dany Bahar Suspended For 'Conduct'

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Dany Bahar

Dany Bahar

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An official statement released today confirmed that earlier rumors of Lotus CEO Dany Bahar's suspension were in fact true--though the only reason given for the suspension was a matter of "conduct."

The suspension is termed temprorary in the statement from DRB-Hicom, which recently acquired Lotus' parent company Proton. The suspension is to last at least long enough to "facilitate an investigation into a complaint about his conduct made by Lotus' penultimate parent company, DRB-HICOM Berhad," reports EveningNews24.

Exactly what sort of conduct is at issue is unclear, though we wouldn't be surprised if it related, at least in part, to the meltdown email rant sent out by Lotus not long after DRB-Hicom first acquired Proton. You can find our thoughts on the rant here.

In Bahar's stead, a team of administrators will handle the day-to-day management of Group Lotus until the suspension is over--or perhaps longer, should the investigation result in Bahar's termination as CEO.

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