Chaurey,

At any event that is organized, there will be profit or loss. It's not like someone absconded with the money. The then President and Vice President have been relieved of duty. What more do you expect? Do you want them to go to jail? Well, I am sure if anyone had any concrete proof of any criminal activity, then there would be legal processes to follow. But even after thorough examination, they have not found any proof of illegal wrongdoing so it's a waste of time and effort to keep beating the dead horse.

This loss is very clearly due to excessive spending by providing perks to executives. This kind of perks is given all the time but unfortunately this particular event resulted in a loss. It's better to move on rather than appearing to be a lato bungo stuck on the same track.