INX Media got four invoices from Chess Management Services, INX executives tell ED

Days after the Foreign Investment Promotion Board (FIPB) unit gave a “clean chit” to INX Media, the company, at the heart of an ongoing money laundering investigation, received four invoices allegedly from a firm co-founded by Karti Chidambaram on behalf of others, senior INX Media executives told the Enforcement Directorate (ED).

ET has accessed the statements of the executives, recorded under Section 50 of the Prevention of Money Laundering Act, which are admissible in Court.