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**poRmawayncmop** · 01-10-2012, 09:57 PM

Lotus being up for sale has been rumoured for some time now. Dany Bahar's optimistic plans for expansion never did get much interest from investors and Lotus had to raise money from state owned Malaysian banks to fund its plans, they were supposedly forced to lend the money by the Malaysian government.

To say nothing of £10 million from the British government. Personally, I don't think funding Dany Bahar's pipedreams is a good use of taxpayers' money, no matter how many jobs the money helped secure.

01-10-2012, 09:57 PM	#8
poRmawayncmop Join Date Oct 2005 Posts 664 Senior Member	Lotus being up for sale has been rumoured for some time now. Dany Bahar's optimistic plans for expansion never did get much interest from investors and Lotus had to raise money from state owned Malaysian banks to fund its plans, they were supposedly forced to lend the money by the Malaysian government. To say nothing of £10 million from the British government. Personally, I don't think funding Dany Bahar's pipedreams is a good use of taxpayers' money, no matter how many jobs the money helped secure.
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