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Lotus in the Peak
28th - 30th June 2024
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Mark H
Mark H

Statement From Drb-Hicom

As a result of a number of media inquiries, 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.

 

In Mr Bahar's absence, Dato' Lukman Ibrahim, Mr Mohd Khalid Yusof and Mr Aslam Farikullah (representatives of Lotus' parent companies ) have been authorised by Group Lotus plc's board to handle and conduct the day to day management and affairs of the Lotus Group. They will be assisted by Mr Rusman Zaihan. They have been authorised to take up these duties during the suspension period.

 

A spokesman for DRB-HICOM Berhad said: "The penultimate holding company would like to stress it is business as usual at Lotus. We fully support the company and will continue to support Lotus in its business endeavours and development."

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