New Delhi: Sahara Group on Saturday sought to defend its decision to not furnish the bank guarantee to the BCCI which led to the termination of Pune Warriors from the IPL, saying that it was forced to do that as the Board "has always acted in betrayal of trust and not fulfilled its part of obligations".
Sahara Group said the "arbitrary" reduction in the number of IPL matches by the BCCI from the number stipulated in the franchise agreement was at the centre of the whole dispute.
"BCCI had made pre-bid representations that 94 matches will be held in every season and then arbitrarily reduced the number of matches from 94 to 74 & then 76. Sahara had placed its bid for IPL franchise based on the representations of BCCI which were false," the Sahara group said in a release. (BCCI's full statement)