Demonetization: Was cash transferred outside India in chartered planes?

New Delhi: The Enforcement Directorate is carrying an investigation to find out whether chartered planes were used to ferry truckloads of cash in and outside the country.

NDTV has reported that the probe involving multiple agencies has found that chartered planes used by VIPs were modified with cubbyholes where cash could be stashed and carried undetected. However, no evidence of chartered planes or their VIP clients being involved has come to light.

Recently the Central Bureau of Investigation (CBI) arrested a former journalist and businessman, Upendra Rai, who had obtained an aerodrome entry pass from the Bureau of Civil Aviation Security by giving fake credentials. The Enforcement Directorate (ED) seized all his assets worth more than Rs. 26 crore, including flats in south Delhi’s posh Greater Kailash and Connaught Place. Investigators suspect that he was working with an aviation engineer to create invisible pockets in planes.

Investigators came to know that just after the announcement of note ban, Delhi International Airport Ltd (DIAL) received queries from a foreign agency about an internationally registered plane that was caught ferrying a large amount of cash from Delhi.