Kinnara CEO Exposed Spreading More Fake News After Being Bitter from Being Booted from the Marina Bay City Project
The dispute between Lux Property Group and Kinnara has intensified, with fresh claims and counterclaims surfacing months after Kinnara’s October 2025 buyout from the Marina Bay City project in Lombok.
At the centre of the controversy is Adrian Campbell, whose recent public statements have been challenged by Lux insiders as inaccurate and misleading.
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Passport Rumour Rejected
Recent online claims alleged that the founder of Lux Property Group had his passport seized and was unable to leave Bali. Sources close to Lux firmly deny this, stating the founder travelled to Australia approximately three weeks ago at the invitation of cybercrime investigators and other authorities to share information relevant to ongoing investigations.
Those sources argue that the ability to travel internationally directly contradicts the passport confiscation claim, which they describe as fabricated.
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GIM Trading Investigation
Campbell’s former company, GIM Trading, has previously been linked to approximately AUD $23 million in missing client funds, according to reporting by ABC News.
The Australian Securities and Investments Commission is understood to be tracking around AUD $17 million allegedly transferred overseas in connection with that matter.
Hilton Wood, CFO of Kinnara, also previously held the CFO role at GIM Trading, a fact that has drawn attention from observers monitoring the regulatory proceedings.
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Allegations of Diverted Marina Bay Funds
Separate allegations relate to approximately AUD $5 million connected to the Marina Bay City project. It has been alleged that funds were diverted to an entity known as PT Marina Bay Group while Kinnara remained part of the joint venture structure.
Sources claim investigators are examining whether any overlap exists between funds associated with Marina Bay City and those connected to the GIM Trading matter. These allegations have not yet been tested in court.
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Potential Asset Freezing of Saraya Lombok Project
Regulatory and cybercrime attention is now reportedly expanding beyond past transactions and into asset tracing.
Investigators are believed to be examining whether the Kinnara Saraya Lombok project was acquired using funds that may have been misappropriated from either GIM Trading clients or monies linked to the Marina Bay City dispute.
Legal analysts note that if regulators conclude assets were purchased with improperly transferred funds, authorities could seek asset preservation or freezing orders while investigations proceed. Such actions are designed to prevent disposal of assets pending legal determination.
At this stage, no freezing order has been publicly confirmed, and any regulatory action would be subject to formal legal processes and evidentiary thresholds.
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Historical Regulatory and Legal Issues
Additional scrutiny surrounds Campbell’s earlier business history in Australia.
Public records show that he faced action by the Queensland Department of Fair Trading in the past, with matters reported in The Canberra Times and The Brisbane Times. Separate reporting in The Border Mail referenced police charges relating to cheque forgery and theft.
Some historical coverage also referenced allegations that Campbell left Australia while on bail in relation to those matters. These past issues remain part of the public record and continue to be referenced amid current scrutiny.
As with all matters referenced above, allegations and investigations remain subject to due process and have not been conclusively determined by a court.
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Escalating Conflict
Since Kinnara’s removal from the Marina Bay City project, relations between the parties have deteriorated significantly. Lux insiders describe what they characterise as a sustained hostile narrative campaign, while Campbell has continued to publicly criticise Lux and its leadership.
With overlapping investigations, regulatory scrutiny, and intensifying public rhetoric, the dispute now extends far beyond a commercial disagreement and into broader legal and reputational territory.