Japan Display (JDI), one of Apple's suppliers, said Thursday it fired an account executive last year for embezzlement of about $5,25 million in the four years since the company went public in 2014. year.
In a statement, JDI said it had filed a criminal complaint against the former employee and that it was cooperating with police. The embezzlement was first reported in the Asahi newspaper on Thursday.
The JDI employee fraudulently obtained approximately 578 million yen ($5,25 million) between July 2014 and October 2018 by arranging payments to a fictitious company.
The company, which is currently experiencing significant financial problems, is trying to reach a bailout agreement with Apple and other investors, aiming to raise at least 50 billion yen.
Source: 3dnews.ru