Ousted Lotus CEO files wrongful dismissal suit

  • Utusan: Tiada iklan AirAsia sehingga Azran Osman Rani minta maaf
    Utusan: Tiada iklan AirAsia sehingga Azran Osman Rani minta maaf

    KUALA LUMPUR, 19 Mei — Harga iklan syarikat penerbangan AirAsia lebih murah daripada iklan-iklan kecil yang lain, kata Awang Selamat dalam akhbar Mingguan Malaysia hari ini, serta menggesa ketua pegawai eksekutif anak syarikatnya, AirAsiaX, Azran Osman Rani, meminta maaf.

  • ‘Racial’ boycott will spook investors, stall economic reforms, warn business experts
    ‘Racial’ boycott will spook investors, stall economic reforms, warn business experts

    KUALA LUMPUR, May 20 — Putrajaya cannot turn a blind eye to the call by Malay groups to boycott Chinese businesses as the campaign risks derailing the government’s economic transformation plans that could further slow down Malaysia’s growth, corporate leaders and an economist have warned.

  • After PKR’s MB kerfuffle, Selangor DAP now disputes exco list
    After PKR’s MB kerfuffle, Selangor DAP now disputes exco list

    PETALING JAYA, May 19 ― The Selangor DAP is questioning the state executive council composition announced by Selangor Mentri Besar Tan Sri Khalid Ibrahim yesterday, barely a week after a furore in PKR over the state’s top post was settled.

  • As taps run dry, Subang Jaya rep demands usage data from SYABAS
    As taps run dry, Subang Jaya rep demands usage data from SYABAS

    PETALING JAYA, May 19 ― Subang Jaya assemblyman Hannah Yeoh demanded today data from Syarikat Bekalan Air Selangor Sdn Bhd (SYABAS) detailing water usage in her constituency that was hit by supply disruptions since last Wednesday.

  • Sidelined Sarawak reps demand seats in Najib’s Cabinet
    Sidelined Sarawak reps demand seats in Najib’s Cabinet

    By Debra ChongAssistant News Editor KUALA LUMPUR, May 19 ― Overlooked lawmakers in the Barisan Nasional’s (BN) East Malaysian vote bank say they should also be aboard Datuk Seri Najib Razak’s Cabinet, believing they had earned full ministerial positions after their victorious run in the May 5 polls.

The sacked former chief executive of loss-making Group Lotus has filed a wrongful dismissal suit, the British sports car maker's Malaysian parent has said.

Dany Bahar is suing Lotus and Malaysia's DRB-HICOM for 6.7 million pounds ($10.6 million) over his June dismissal, DRB-HICOM said in a filing late Monday with the Kuala Lumpur Stock Exchange.

But DRB-HICOM, a leading car distributor and importer, said it would file counter-claims of its own against Bahar, who took charge of Lotus in 2009, and defended the sacking.

"DB (Bahar) was dismissed after an investigation into his stewardship of Lotus. We believe we have acted properly at all times," it said.

DRB-HICOM took over struggling Malaysian national automaker Proton from state investment arm Khazanah Nasional in January. Proton owns Norfolk-based Group Lotus.

Bahar was sacked in June, despite recently launching a five-year plan to turn around Group Lotus that aimed to boost production and launch new models.

Proton bought a controlling stake in the British sports and racing car maker in 1996.

Proton has said it was committed to turning around Lotus by 2015 but has itself been mired in debt.

Loading...

Comments on Yahoo! pages are subject to our link to Comments Guidelines. You are responsible for any content that you post. Yahoo! is not responsible or liable in any way for comments posted by its users. Yahoo! does not in any way endorse or support comments made by its users.