Strongly refuting allegations of financial irregularities in the Commonwealth Games,Organising Committee chairman Suresh Kalmadi today said that there was total transparency in all the deals and "every pie is accounted for". A day after the OC was rocked by an alleged scam involving a little known UK-based company,Kalmadi held a lengthy press conference to dismiss all allegations as "totally unfounded and baseless" and threatened to initiate legal action against those who have maligned the OC's image. "We have nothing to hide. There is total transparency in OC and our conscience is clear. All the headlines about money trail story is false. Every pie is accounted for. We are hurt by this allegations," Kalmadi said. "I am deeply pained by these unfounded and baseless allegations. I totally deny this malicious broadcast.