📰 Anger Mounts Among Kinnara Clients as Questions Grow Over Where Their Construction Funds Really Went
Clients of Kinnara (K-I-N-N-A-R-A) are becoming increasingly angry and distressed after discovering that large portions of the money they believed was being used to build their villas were never passed to the company responsible for construction.
According to Lux Property Group, only a tiny fraction of client funds ever reached Lux for building, while nearly half of the money is now unaccounted for.
💰 Where Did the Money Go?
Lux states that of approximately AUD $10 million reportedly paid by clients into Kinnara-controlled companies:
• Only AUD $435,000 was transferred to Lux for actual villa construction
• That amount is sufficient to build only three to four villas
• Approximately AUD $4.5–$5 million — around 45–50% — is currently unaccounted for
• The remaining funds were retained or controlled by Kinnara and were not passed to Lux for building
For many investors, this revelation has been devastating.
“We paid to build homes, not to fund corporate warfare,”
one client said.
“If our money wasn’t used to build our villa, where did it go?”
🏗️ Lux: “We Cannot Build Without Being Paid”
Lux says it is now contacted almost daily by clients who believed they had purchased villas at Marina Bay City and want to know why construction has not started.
In many cases, Lux has no record of these clients at all, because their funds were never transferred.
Lux says it is forced to give the same answer repeatedly:
“We cannot build your villa unless Kinnara transfers your construction funds to us — or Kinnara builds your villa themselves.”
For many clients, this is the first time they realise Lux never received their money.
👤 The Role of Kinnara’s CEO
At the centre of the controversy is Kinnara CEO Adrian Campbell.
According to Lux:
• Kinnara was bought out of the Marina Bay City project in October 2025 for millions
• After accepting the buyout, Campbell allegedly began denying its legitimacy
• Lux claims Kinnara attempted to unwind the buyout through:
• Legal pressure
• Media campaigns
• Regulatory complaints
Clients now ask how a company can:
• Accept millions for selling a project
• Continue using the brand it sold
• Retain control of digital assets like MarinaBayCity.com
• Continue collecting client funds
• Leave 45–50% of that money unaccounted for
• Then demand another company build villas without transferring the construction funds
🌐 Digital Assets and Continued Fundraising
As part of the buyout, Kinnara allegedly agreed to hand over:
• The MarinaBayCity.com website
• Branding and intellectual property
• Social media accounts
• Digital sales platforms
Yet these assets have reportedly remained under Kinnara’s control and continued to be used to:
• Market the project
• Collect funds
• Issue contracts
— as though Kinnara still owned Marina Bay City
Lux says it did not authorise:
• Any post-buyout sales
• Any collection of funds under the Marina Bay City name
• Any contracts issued on its behalf
⚠️ Allegations of Fund Misuse
Adding to client anger are allegations that Kinnara spent money not on construction, but on efforts to attack and undermine Lux, including claims of:
• Paying intermediaries to organise hostile media coverage, including a recent Channel 9 A Current Affair segment
• Funding attacks on Lux founder Jamie McIntyre
• Paying intermediaries in Indonesia to lodge police complaints and attempt regulatory shutdowns
• Attempting to have Lux staff banned from the country
While these remain allegations, the perception among clients has been devastating.
“If my villa money was used to fund legal threats, media attacks, and corporate sabotage,”
one investor said,
“that is a betrayal beyond words.”
🧾 Lux’s Position
Lux maintains that:
• The buyout was legal and binding
• Kinnara was paid in full
• Kinnara has no authority to sell villas, issue contracts, or collect money
• Any money collected by Kinnara after the buyout was not paid to Lux
• Those funds were not used for construction
🧱 Investors Trapped in the Middle
This has left clients in an impossible position:
• They paid Kinnara
• Lux never received the funds
• Their villas were never funded
• Lux is being pressured to build without being paid
The central question now being asked is simple:
Why should a company that has been bought out be allowed to:
• Pocket millions using a brand it sold
• Leave nearly half of client funds unaccounted for
• Then try to force another company to build the villas?
🧭 Conclusion
For many clients, this is no longer just a business dispute.
It is about:
• Accountability
• Misuse of trust
• Basic fairness
In a system where:
• One company collected the money
• Another company is expected to do the work
• And investors are left in the middle
— watching their dreams of home ownership turn into collateral damage in a corporate war.
