The 47-year-old Miandad, who has now had three stints with the national senior team as coach between 1998 and 2004 and every time made his exit in acrimonious circumstances, said nothing could be further from the truth.
"I am disappointed at some critics saying that I surrendered my dignity for money," he was quoted as saying in local daily The News.
He stated that he had never approached the Board for the job and it had always been the other way round.
"When you talk about national interest and the national team, there is no other issue involved. I was only thinking about the country and Pakistan cricket while accepting the position of coach.
"I sincerely wanted the team to do well under my care. All three times they wanted me to pick up the team and I could not say no because it was Pakistan cricket at stake."
He also made it clear he had not charged any astronomical fees from the Board for his third coaching stint that started after the 2003 World Cup where Pakistan failed to make the second round.
"My arrangement with them was that I would be paid whenever Pakistan played a Test or One-day International. And I got the usual daily allowances when we had a national camp or were abroad.
"So when all the players were paid I was also paid. And naturally considering my status in Pakistan cricket I got the same match fees as the senior most player."
Miandad also said the Board should deal with the captain or coach with more respect.
"Throughout the last one year I had no problems with anyone in the Board. We worked well with each other. My only thing is that the Board needs to change its system when it deals with any captain, coach or manager.
"They need to show more respect to their own people, that is all."