Olympic and Tour de France cycling hero Bradley Wiggins has withdrawn from a controversial tax-avoidance scheme, he said on Saturday.

The 32-year-old was criticised last week after it was revealed he was using a scheme named Twofold First Services, reportedly owned by a company based in the Cayman Islands.

He told The Guardian: "I had a small investment in Twofold, following guidance from my professional advisers.

"I had, however, claimed no tax relief of any amount in regard to this investment. Given the concerns raised about it, I have now instructed my advisers to withdraw me from the scheme with immediate effect."

In an interview with the newspaper Wiggins went on to describe his frustration at the revelations of Lance Armstrong's organised doping.

bradley wiggins

Wiggins rose to national treasure status with Olympic golds and the first British Tour de France win

He said: "The anger is more: I've got to pick up the pieces. He's still a multi-millionaire, and he's not here to answer the questions. I can't not answer them because I've got to go and race next year, and I hate talking about it."

The cyclist, who is the strong favourite to win the BBC Sports Personality of the Year award, said there were a number of drawbacks to his success.

He said: "I wouldn't say I wish I hadn't won the Tour, but sometimes, especially with recent events, the Lance Armstrong stuff, I find it hard being the winner of the Tour and everything that goes with it.

"I wanted to be the winner for the challenge of what the sporting event is about and how hard you can train to do that, and I never wanted all the stuff that went with it."

He said: "I wouldn't say I wish I hadn't won the Tour, but sometimes, especially with recent events, the Lance Armstrong stuff, I find it hard being the winner of the Tour and everything that goes with it.

lance armstrong

The cyclist also offered his thoughts on the disgraced Lance Armstrong

"I wanted to be the winner for the challenge of what the sporting event is about and how hard you can train to do that, and I never wanted all the stuff that went with it."

He also revealed that he finds it difficult to cope with being recognised by fans when he is out with his family.

He said: "They ask your wife to take the photo, which is a bit rude. And after a while that becomes tiresome, especially when you're having a pizza with your children, or you have to have a photo with somebody else's kids while yours stand to the side."

He added: "There comes a point when I've got to start getting on with my life. It would be hard to live my life as it is forever."

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  • Great Britain's Bradley Wiggins kisses his medal after winning the Men's Individual Time Trial on day five of the London Olympic Games at Hampton Court Palace, London. (Photo credit: Owen Humphreys/PA Wire.)

  • (L-R) Silver medallist Tony Martin of Germany, gold medallist Bradley Wiggins of Great Britain and bronze medallist Christopher Froome of Great Britain celebrate during the victory ceremony after the Men's Individual Time Trial Road Cycling on day 5 of the London 2012 Olympic Games on August 1, 2012 in London, England. (Photo credit: Alex Livesey/Getty Images)

  • Gold medallist Bradley Wiggins of Great Britain celebrate during the victory ceremony after the Men's Individual Time Trial Road Cycling on day 5 of the London 2012 Olympic Games on August 1, 2012 in London, England. (Photo credit: Bryn Lennon/Getty Images)

  • Silver medallist Tony Martin (L) of Germany and gold medallist Bradley Wiggins of Great Britain celebrate during the victory ceremony after the Men's Individual Time Trial Road Cycling on day 5 of the London 2012 Olympic Games on August 1, 2012 in London, England. (Photo credit: Bryn Lennon/Getty Images)

  • Great Britain's Bradley Wiggins (centre) poses with his gold medal after winning the Men's Individual Time Trial, with second placed Germany's Tony Martin and third placed Great Britain's Chris Froome (right) on day five of the London Olympic Games at Hampton Court Palace, London. (Photo credit: Owen Humphreys/PA Wire.)

  • Britain's Bradley Wiggins celebrates after winning the gold medal at the end of the London 2012 Olympic Games men's individual time trial road cycling event in London on August 1, 2012. (Photo credit: ODD ANDERSEN/AFP/GettyImages)

  • Great Britain's Bradley Wiggins sits on the throne as he celebrates winning the Men's Individual Time Trial on day five of the London Olympic Games at Hampton Court Palace, London. (Photo credit: PA)

  • Gold medallist Bradley Wiggins of Great Britain celebrates during the victory ceremony after the Men's Individual Time Trial Road Cycling on day 5 of the London 2012 Olympic Games on August 1, 2012 in London, England. (Photo by Alex Livesey/Getty Images)

  • Great Britain's Bradley Wiggins celebrates with his wife Cath after winning the Men's Individual Time Trial on day five of the London Olympic Games at Hampton Court Palace, London. Picture date: Wednesday August 1, 2012. See PA story OLYMPICS Cycling Road Women. (Photo credit: John Giles/PA Wire.)

  • Gold medalists Paul Manning, Ed Clancy, Geraint Thomas and Bradley Wiggins of Great Britain celebrate after the Men's Team Pursuit Finals at the Laoshan Velodrome on Day 10 of the Beijing 2008 Olympic Games on August 18, 2008 in Beijing, China. (Photo credit: Mike Hewitt/Getty Images)

  • Gold medalists Paul Manning, Ed Clancy, Geraint Thomas and Bradley Wiggins of Great Britain compete in the Men's Team Pursuit Finals at the Laoshan Velodrome on Day 10 of the Beijing 2008 Olympic Games on August 18, 2008 in Beijing, China. (Photo credit: Mike Hewitt/Getty Images)

  • Gold medalist Bradley Wiggins (L) and bronze medalist Steven Burke of Great Britain pose with their medals after finishing the Men's Individual Pursuit Finals at the Laoshan Velodrome on Day 8 of the Beijing 2008 Olympic Games on August 16, 2008 in Beijing, China. (Photo credit: Cameron Spencer/Getty Images)

  • Track cyclist Bradley Wiggins of Great Britain holds his gold medal on the podium of the 2008 Beijing Olympic Games men's individual pursuit final at the Laoshan Velodrome in Beijing on August 16, 2008. (Photo credit: CARL DE SOUZA/AFP/Getty Images)

  • Track cyclist Bradley Wiggins of Great Britain poses after receiving the gold medal won in the 2008 Beijing Olympic Games men's individual pursuit final at the Laoshan Velodrome in Beijing on August 16, 2008. (Photo credit: CARL DE SOUZA/AFP/Getty Images)

  • British Rob Hayles (R) and Bradley Wiggins celebrate their bronze medal at the awards ceremony of the men's madison final in the Olympic Velodrome at the Olympic Games in Athens, 25 August 2004. Australian Graeme Brown and Stuart O'Grady won the gold ahead of Swiss Franco Marvulli and Bruno Risi. (Photo credit: DAMIEN MEYER/AFP/Getty Images)

  • (L-R) Bradley Wiggins, Steve Cummings, Paul Manning and Chris Newton of team Great Britain celebrate after receiving their silver medals in the men's track cycling team pursuit final against Australia on August 23, 2004 during the Athens 2004 Summer Olympic Games at the Olympic Velodrome within the Olympic Sports Complex in Athens, Greece. (Photo credit: Clive Brunskill/Getty Images)

  • Bradley Wiggins of Great Britain bites the gold medal he received in the men's track cycling individual pursuit event on August 21, 2004 during the Athens 2004 Summer Olympic Games at the Olympic Velodrome within the Olympic Sports Complex in Athens, Greece. (Photo credit: Nick Laham/Getty Images)

  • (L-R) Brad McGee of Australia, silver medal, Bradley Wiggins of Great Britain, gold medal, and Sergi Escobar of Spain, bronze medal, stand on the podium with their medals after competing in the men's track cycling individual pursuit event on August 21, 2004 during the Athens 2004 Summer Olympic Games at the Olympic Velodrome within the Olympic Sports Complex in Athens, Greece. (Photo credit: Nick Laham/Getty Images)

  • Bradley Wiggins of Great Britain displays the gold medal he received in the men's track cycling individual pursuit event on August 21, 2004 during the Athens 2004 Summer Olympic Games at the Olympic Velodrome within the Olympic Sports Complex in Athens, Greece. (Photo credit: Nick Laham/Getty Images)

  • Briton Bradley Wiggins celebrates after winning the ogld medal at the end of the men's individual pursuit finals at the Athens velodrome during the cycling track competition at the 2004 Olympic Games, 21 August 2004. (Photo credit: MICHAEL KAPPELER/AFP/Getty Images)

  • Briton Bradley Wiggins bites his gold medal on the podium at the end of the men's individual pursuit finals at the Athens velodrome during the cycling track competition at the 2004 Olympic Games, 21 August 2004. (Photo credit: DAMIEN MEYER/AFP/Getty Images)