TOKYO, Nov 27 (Reuters) - Apple supplier Japan Display Inc said on Wednesday it would review its past accounting records after a former executive notified the company of past accounting fraud.
The executive, who was fired last year for embezzling about $5.3 million over four years since 2014, told the company that the top management directed the accounting fraud, Japan Display said in a statement.
The revelation comes as the cash-strapped company seeks to raise at least 50 billion yen ($460 million) through a bailout deal with Apple and other investors.
$1 = 108.64 yen Reporting by Makiko Yamazaki; editing by Jason Neely
Our Standards: The Thomson Reuters Trust Principles.