Disappointing news for AIB fans as the company does not plan to come back anytime soon

AIB (All India Bakchod), the famous content creation company, saw dust in October 2018 after 2 of its founding members were caught in the #MeToo controversy. After months of silence, AIB finally put an update and sadly, it does not look good.

The update basically stated that AIB saw rock bottom due to the controversy, and did not have any partners or revenue to stay afloat. It further informed that Tanmay Bhat will no longer be holding the post of CEO, whereas Gursimran Khamba will be working independently from now on and will not be associated with the company. Rohan Joshi and Ashish Shakya will now be managing all its operations, and although the firm has not been dissolved, it would not be creating content anytime soon. The update also apologized for the Utsav Chakrobarty fiasco.

The note also throws light on the investigation process where an External Committee was appointed to look into the allegations and Gursimran Khamba withdrew himself citing issues with procedure, leading it to his exit from the operations of AIB.

Here is what the update said:

https://www.instagram.com/p/Bxw9gzTpbAl/

These are the Press Notes that were issued on immediate basis by the company when the allegations floated on Internet.

https://www.instagram.com/p/BoqxrM8hfMv/

https://www.instagram.com/p/Boi7CCrhzO1/

https://www.instagram.com/p/BogiGIkhAHM/

While this is definitely bad news for the fans, at least there is still hope for the future.