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Jets Loaded With Banned Cash Draw India’s Ire in Graft Crackdown

  • Private jet lobby group says plane carrying cash isolated case
  • Government banned 500 rupee and 1,000 rupee notes on Nov. 8
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Photographer: Dhiraj Singh/Bloomberg

India has threatened to punish private jet operators that fly to small and remote airports without police clearance as Prime Minister Narendra Modi tries to plug loopholes in his campaign against unaccounted money. 

A group of private jet operators, which counts tycoon Anand Mahindra’s Mahindra & Mahindra Ltd. and the billionaire Poonawalla family’s aviation firm as members, said the move came after an "isolated case" of not following procedure, and aircraft owned by its members follow standard rules for security checks.