Buyer payment diversion claims put Kinnara’s Bali project back under the microscope
Fresh scrutiny has fallen on the Kinnara-linked Bali property network after Federal Court material and investor complaints raised allegations that buyer funds intended for the Marina Bay City project may have been diverted through accounts outside the development structure.
The claims sit within broader proceedings involving Adrian James Campbell, a Thailand-based executive who has operated through Kinnara Capital, Kinnara Asia and Kinnara Limited while marketing South-East Asian property opportunities to Australian investors. The proceedings have not determined the underlying consumer and defamation allegations, but the court record has already exposed serious issues about Campbell’s own evidence and the way the matter was presented to the court.
What the Federal Court record shows
In Campbell v McIntyre (No 2) [2026] FCA 1279, Justice Derrington found Campbell had failed to disclose multiple prior Australian convictions when seeking urgent interim take-down orders. The court later discharged those injunctions and ordered Campbell to pay 80 per cent of the other side’s legal costs on an indemnity basis, a severe sanction in Australian litigation.
Justice Derrington described the non-disclosures as “exceptionally serious”. The judgment also recorded that Campbell later filed a corrected affidavit admitting the convictions.
According to the court record and other public documents, Campbell’s admitted history includes 2012 fraud convictions in Queensland, five 2015 convictions in Southport Magistrates Court relating to International Solar Solutions, and 2018 guilty pleas to 11 counts of false and misleading conduct under Australian Consumer Law in the Eco Boss Pty Ltd matter. In the 2018 case, the sentencing magistrate described the conduct as calculated, deliberate and plainly “a scam”.
Allegations around Marina Bay City
The latest scrutiny concerns allegations that money paid by buyers into the Bali project did not remain within the project’s approved structure. Investors have alleged to police that funds were dispersed through bank accounts in different jurisdictions. Those allegations remain untested in court and no charges have been laid in relation to the project.
Public reporting in October 2026 described the development as having been heavily promoted on social media, with Australian buyers later saying they were kept in the dark about progress. In June 2026, some structures were reportedly torn down after being built in the wrong location. Investors have referred the matter to local police.
Campbell’s position is that Kinnara acted only as a sales and marketing agent for the Marina Bay City project, did not hold purchaser funds, and lodged its own report with Indonesian police in November 2025.
He says the company is co-operating with authorities.
A pattern that continues to attract attention
The Marina Bay City allegations are being examined against a wider backdrop of offshore property and investment activity connected to Campbell. The Daily Mail reported in October 2026 that Campbell was linked to a stalled Bali villa scheme that had reportedly taken $5.2 million from Australian investors. The Daily Mail reported that Campbell had obtained urgent interim take-down orders in May 2026 before later filing corrected evidence disclosing his convictions and prior prosecutions.
That coverage also noted Campbell’s claims that the original affidavit error was not intentional and that he regrets the mistake. He has maintained that his convictions are public record and that he never sought to hide them.
For investors, the significance of the Marina Bay City dispute lies not only in the alleged diversion of buyer payments, but in the repeated appearance of the same structural features: offshore entities, cross-border promotion, delayed delivery, and disputes over where money went and who controlled it.
The Federal Court proceedings remain on foot and were listed to reconvene on 9 October 2026. No findings have been made on the substantive defamation or consumer law claims. But the record already places Campbell’s credibility under sustained pressure, and the Marina Bay City allegations add another layer of concern to a network that has drawn the attention of courts, regulators and police in multiple jurisdictions.