RE: EGM13 Apr 2026 15:40
Good points BP but my research into Cevdet Caner, the man behind NIU, show him to be involved with several questionable activities e.g. overvaluation of real estate projects to inflate balance sheets and raise more capital. Related‑party transactions (e.g. Glasmacherviertel in Düsseldorf) at allegedly inflated prices, linked to Caner and associates. NIU reneged on the funding plan, for which we still have no explanation.