The Canadian Broadcasting Corporation is in hot water with federal Heritage Minister Mélanie Joly after admitting it already spent the promised $675-million in additional federal funding on a coke-filled orgy for top executives last month.

“We will be conducting an investigation into this incident, but I want to remind everyone that the CBC is an arms-length organization and the federal government will not dictate how it is to spend its money,” Joly explained today at a press conference in Montreal.

Details are sketchy, but it appears that some time around St. Patrick’s Day, senior executives including the board of directors and everyone at the vice-president level and above checked into an expensive hotel in Toronto and went to town on drugs and prostitutes. Cocaine was specifically referenced, but it’s believed heroin, methamphetamine and other drugs were also used, as well as “a considerable quantity” of marijuana.

Board member A. Prelfoulle is still in critical condition at a Toronto hospital being treated for an overdose.

Joly said it’s unfortunate more of the drugs and prostitutes were not shared with more front-line employees, who have also had it rough over the past few years. “I’m sure some of them would have liked this extra money,” she said, once again stressing that the government will not dictate how the corporation is to spend its money.