youngman

Lotus CEO Dany Bahar suspended for misconduct

I use the word suspended, even though that’s not a term one would normally use when a CEO is removed from his post, however during the past few hours that’s the phrase which has been used when I spoke to those people close to the matter.

Lotus CEO, Dany Bahar

The trouble with journalism and news reporting is that most of the writers pass comment on things which they invariably have little or no personal experience of. Some are able to separate their egos or ambitions from the subject and present a balanced view, but all too often a writer can become drunk on the power they have to influence other people’s opinions.

Lotus speaks out about its relationship with China’s Youngman (UPDATED)

Questions have been raised during the past 24 hours over the handling of Lotus’ future by new owners DRB-HICOM and in particular the role played by Lotus current CEO Dany Bahar in securing the jobs of its Hethel employees.

We spoke with Lotus this afternoon and you can read their responses below. There are still a number of questions outstanding, which we will update in this article when we hear back from them tomorrow.