What is wrong with the following scenario?

We, the authorities and experts, are extremely sorry to inform you that we made a colossal mistake in declaring the Coronavirus (COVID-19) pandemic. It is one of such rare situations where we found out at an extremely high cost (human and financial) that our scientific understanding of the subject was flawed and failed us. As a result, we honestly carried away with our projections and fear of a huge number of anticipated deaths by the potential spread of this variant flu, which clearly did not come out to be correct. We sincerely regret this unfortunate situation and ask for your forgiveness. Please accept our apologies. We hope the public will forgive us and start their usual daily life. In addition, we hope that the public will avoid the use and/or development of new medicines based on our falsely classified disease and pandemic, reducing any further damages that may occur.

Once again, we sincerely apologize and hope that we will be forgiven.

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