It could be true that there was bias against users from specific countries and this is sickening to learn. If the suspensions are fair then they should be evenly distributed among all countries. If the data shows that an insane number of users from a country X have been suspended in more than two Stack Exchange sites then someone needs to step in and hold all the mods who suspended the users in that country accountable.
Through no fault of moderators' own, we also suspect that there have been biases for or against residents of specific countries as a potential result of the heuristics being applied to these posts
There is a lot of truth in the post made by the VP of SE, just because they have decided to make the data confidential doesn't mean they are unfair or biased.If the mods are costing you a traffic drop of millions of new visitors then the management needs to step in and tell someone to do his job right.
I support the company because they are concerned that someone is suspending too much that its affecting their profits, when the company is already facing stiff competition from Github and chat GPT.Additional suspensions becomes an internal factor sending users away adding to the already existing problem of stiff competition from Open AI and chat GPT.