Tay was supposed to front a press-conference yesterday, with members of the Thai media flown in by the company to attend.
The conference was to clear the air as to the legality of uFun Club, with management explaining to reports why uFun Club scheme wasnt the $1.17 billion dollar Ponzi scheme Thai police claim it to be.
Instead Tay pulled out at the eleventh hour, citing concerns of Malaysian authorities. The conference, first thought to be cancelled, was then rescheduled to be held in Bangkok.
An hour after the conference had initially planned to have been held in Malaysia, recently hired Thai lawyer Jessada Jandee fronted the media.
Instead of explaining how uFun Club wasnt a Ponzi scheme though, Jandee used the opportunity to question the legality of the current investigation.