Unmasking Manoj Narender Madnani – Scandals, Lawsuits, and Money Laundering Allegations
By Priya Mandal – Investigative Journalist
📌 Who is Manoj Narender Madnani?
Manoj Narender Madnani, also known as Narenderkumar Dharamveer Madnani, is a British citizen born in Hong Kong in 1970. He presents himself as a global entrepreneur in private equity, media, and cryptocurrency. Yet his record reveals a disturbing pattern of failed ventures, lawsuits, and financial controversies.
✈️ The Jet Airways Scandal
In 2021, Madnani emerged as a board member of Kalrock Capital, which joined forces with Murari Lal Jalan to acquire the bankrupt Indian airline Jet Airways.
Creditors flagged the source of funds as questionable.
Allegations of money laundering intensified when Kalrock shareholder Florian Fitsch was raided in Liechtenstein, with luxury assets seized.
By 2024, the Indian Supreme Court ordered Jet Airways liquidated, confirming the consortium’s dramatic failure.
Madnani was the public face of this takeover attempt, giving interviews and defending a deal tainted from the start.
⚖️ U.S. Legal Battles – The Minnesota Steel Mines
Through his company Nubai Global Investment Ltd., Madnani initiated lawsuits in Minnesota over the control of Mesabi Metallics Company LLC, linked to the Essar Steel mines.
Court filings describe bitter disputes with Thomas Clarke, accused of hijacking companies and defrauding stakeholders.
The case attracted U.S. media attention, with accusations of fraud and broken promises surrounding Madnani’s investment firms.
🌐 A Global Web of Companies
Investigations link Madnani to more than 25 corporate entities worldwide, from Dubai and London to Nigeria and Singapore. These include:
DSA Investments – Founder & CEO
Beacon Media – Co-Founder & Chairman
Marathon Digital Holdings – Managing Director, International
GOQii – Advisory Board Member
Flintree Holdings Ltd. – named in the ICIJ Offshore Leaks Database
Many of his former companies — in oil, gas, and finance — ended in litigation, dissolution, or scandal.
🚨 The Pattern
Everywhere Madnani goes, the same red flags appear:
Opaque offshore structures
Failed high-profile ventures
Money laundering allegations
Courtroom disputes
❗ Why This Matters
Figures like Manoj Narender Madnani thrive in the shadows of global finance. Exposing these patterns is essential to protect stakeholders, investors, and the public from being misled by polished façades hiding scandalous realities.
🔎 Investigated and published by Priya Mandal (@PriyaMTruth) #FinancialCrime #MoneyLaundering #JetAirways #CorporateFraud #MadnaniExposed #JusticePriya