Red faces at Naibu Global International as KPMG are called in after execs go Awol

The non-executives have appointed KPMG to look into Naibu’s finances
Well, this is awkward.

Chinese sportswear brand Naibu Global International has called in the auditors after its chairman and executive director failed to update on its trading operations.

Neither Lin Huoyan, chairman of the Aim-listed company, nor Lin Congdeng, the executive director, have returned calls from UK-based directors.

In order to clarify the situation, the non-executives have appointed KPMG to look into Naibu’s finances.

So if you see either of the Mr Lins, do let them know that there are a bunch of directors in London dying to hear from them.

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