TM was given too much responsibility, he clearly doesn't have the skillset to manage the financial side of this business and Suresh and the BOD should have recognised this and put a stop to it. How on earth did we get ourselves into this position, snatched defeat from the jaws of victory.
He needs to go and someone needs to step in who can at least keep the lights turned on.
It is pathetic and has hurt so many. Negligent, dishonest, misleading and incompetent at best!