Hours after Rajasthan Royals said co-owner Raj Kundra, who holds 11.7 per cent stake in the IPL franchise, will be suspended if betting allegations against him are proved, Kundra issued a statement saying he will forfeit his shares if "an iota of wrongdoing is established" against him.
Here is the full statement:
During the past couple of days, it has been very distressing to witness that the media has come out with various stories related to me; factually the discussions about me are not wholly true. The version is either twisted, misconstrued or exaggerated to make it highly news-worthy. I feel that my silence has back-fired. As a law abiding citizen, I wish to state facts for those who care about us, for cricket fans and all others in general. Read: Who is Raj Kundra?