JDI executives receiving public support dressed 578 million yen November 21 10:53
Japan Display, a liquid crystal panel manufacturer supported by public funds from public and private funds, has revealed that executives in charge of accounting have taken over 570 million yen and have been disciplinary dismissal.
According to the announcement, over four years from July 2014 to October of last year, a managerial employee in the accounting department of the headquarters at the time was a company in the name of a business partner in a fictitious business partner account. It means that 578 million yen was dressed by transferring funds.
An internal whistleblower revealed that the employee was dressed as having used it for gambling in response to a company investigation, and the company filed a disciplinary dismissal last December and filed a criminal complaint with the police.
Japan Display is a manufacturer that was established by integrating the liquid crystal panel business of Hitachi, Toshiba, and Sony, and has received support of over 460 billion yen in public funds from public and private funds. The difficult business situation continues.
The company commented, “It is very regrettable that we were unable to grasp fraud, and we will endeavor to ensure thorough legal compliance and strengthen the management system.”