Best joke I ever heard.
Kojim and his company didn't spend most of the budget on the engine. Also the engine could have been used for dozens of other games after this, but Konami decided to drop out of the games market and stick to gambling machines and mobile games (a.k.a. cash grabs).
There was a lot of back and forth, so I'm sure no one knows what exactly happened aside from the staff, but I wouldn't trust a company that is willing to go as far as deny a person like Kojima his award legally after he already left the company, as well as try to use their business connections to deny the staff of the newly founded studio Kojima Productions their health insurance clarification.
So yeah, fuck Konami.
I'm sure they are not all at fault for how MGSV turned out to be, but it remains to be said that the gameplay side of things was polished AS FUCK in MGSV and that the story was there, you can see that. It just wasn't told entirely apparently, probably due to the conflict of the employees with Konami.
Also, the fact that most of his staff left with Kojima speaks for the mans credibility and against Konamis.