New Delhi, Mar 10: A special Central Bureau of Investigation (CBI) court extended Karti Chidambaram’s custody for the fourth time in connection with the INX Media case. Coming out of the court with a smiling face, Chidambaram, son of former finance minister P Chidambaram, told reporters, “See you on Monday”. Also Read - Chidambaram Says Farm Bills 2020 Undermine Food Security System, Slams BJP For ‘Maligning’ Cong's 2019 Manifesto

The extension came hours after the Delhi High Court granted him relief from any coercive action till March 20 by Enforcement Directorate (ED) that is probing the money laundering issue against him in the INX Media case. As soon as he came out of the court, his supporters started raising slogans in his support. Karti was seen all smiling as he was being taken by CBI sleuths. Also Read - PM-CARES Fund Received Rs 3,076 Crore Till March 31, Shows Audit Report; Govt Doesn't Disclose Donors

During the three-day remand, the CBI will bring Karti face-to-face with his Chartered Accountant S Bhaskaraman from whose computer’s the CBI had recovered details of payments to Karti’s firms abroad. Meanwhile, the CBI court has also asked the investigation agency to file Karti’s bail application which will be heard on March 15. Also Read - 'Will FM as Messenger of God Please Answer': Chidambaram Taunts Sitharaman Over Her ‘Act of God’ Remark

His custody, initially extended by five days on March 1, was again extended by three days to March 9. Karti was arrested on February 28 at Chennai Airport, after he returned from the United Kingdom, in connection with an FIR, lodged on May 15, 2017, alleging irregularities in FIPB clearance to INX Media for receiving overseas funds worth about Rs 305 crore in 2007 when his father was finance minister.

Background:
Karti is accused of having illegally taken service charges for getting the Foreign Investment Promotion Board (FIPB) clearance to the INX Media for receiving funds from abroad worth Rs 305 crore in 2007, when his father, P Chidambaram, was the finance minister in the Congress-led UPA Government.

The ED had registered a case against him and others in May last year. It had registered an Enforcement Case Information Report (ECIR), the ED’s equivalent of a police FIR, against the accused named in a CBI complaint, including Karti Chidambaram, INX Media and its directors — Peter and Indrani Mukerjea.

A lookout notice issued by the Central Bureau of Investigation (CBI) on July 18 prevented Karti from travelling abroad without the investigating agency’s permission. Chidambaram, who is an accused in this alleged money laundering case, had also appealed to the apex court seeking its approval to allow him to travel abroad earlier.