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Lalit Modi, the founder and architect of the Indian Premier League, talks to former BBC Sports Editor and renowned sports and business commentator, Mihir Bose about a number of allegations which have been levelled against him.

In this video, Lalit Modi talks about how the IPL was set up, the governance procedures employed to ensure probity and the controversial Kochi Bid:

• IPL team bidding process was totally transparent
• Everybody understood the process
• BCCI members witnessed the opening of the bids
• BCCI was delighted with the bids
• Companies and teams were established only after a bid win
• The process was examined independently
• Due diligence was conducted by lawyers
• Kochi shareholders didn’t appear to understand their liability
• Personal concerns were expressed
• But bidding process could not be rigged

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