VV Mineral Vaikundarajan Discards All Allegations Against Company As Baseless

Aug 2, 2016Download as PPTX, PDF0 likes67 views

An organization filed a complaint against several mining companies for alleged illegal beach mining. The state government suspended mining activities and launched an investigation. VV Minerals, the largest beach mining company, denies the allegations as baseless and claims the company has operated legally for 20 years. The company head believes the investigation will clear the company of any wrongdoing.

VV Mineral Vaikundarajan
Discards All Allegations Against
Company As Baseless

An organization called Meenavar Viduthalai Iyakaam has
lodged an FIR against companies for being involved in
illegal beach mining. A petition to stop illegal activities was
submitted at the District Police Office in Tuticorin district.
http://vvmineralblog.wordpress.com

The recent allegation of illegal beach sand mining has put
several mining companies in a fix. The state government has
suspended all illegal activities and set up an investigation
team to look into the matter. These developments are causing
financial losses to companies like VV Minerals and others.
http://vvmineral.wordpress.com

Being the largest beach sand mining company, most
allegations seem to have been unfairly directed towards VV
Minerals. After an unsuccessful raid on the company’s
warehouse, District Collector Ashish Kumar was given the
marching orders. With no evidence in sight, it is only clear
that the entire scam is baseless.
http://vvmineralmining.wordpress.com

VV Mineral, Vaikundarajan stated this company. The
company operated within legal boundaries for two decades
and the allegation is a setup by rival businesses to hamper
company reputation.
http://vvmineral-mining.blogspot.in

He has openly expressed his support to the investigating team
and assures that the result will be in favour of the company.
http://vvmineralmining.blogspot.in

V.V. Minerals Blogs
http://vvmineralblog.wordpress.com
http://vvmineral.wordpress.com
http://vvmineralmining.wordpress.com
http://vvmineral-mining.blogspot.in
http://vvmineralmining.blogspot.in

Social Media
https://www.facebook.com/vvmineralmining
https://twitter.com/vvmineralsindia
https://plus.google.com/115427745398374600571

An FIR has been lodged against entities alleged to be involved in illegal beach mining by an organization called Meenavar Viduthalai Iyakkam. The organization submitted a petition in the District Police Office in Tuticorin district seeking immediate action to stop illegal activities. Recently, there have been illegal sand mining allegations against VV Minerals India, the largest beach sand mining company in the country.

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VV Mineral Vaikundarajan reveals that his competitors will go to any lengths to deface VV Minerals. He says first they got the collector of Tuticorin to claim an illegal beach sand mining scam. Then they alleged VV Minerals has connections with politicians and now they claim that the committee set up by the state government may be on its way to give us acquittal. However, none of it has any roots in reality.

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Under his tutelage, the company has grown many-fold. However, recently the company has found itself surrounded in a controversy. VV Minerals has been accused of illegal sand mining while concerns have been raised against Vaikundarajan for using his political connections to influence the system. District Attorney Ashwin Kumar and ex-IAS officer V Sundaram have been vocal in their allegations. In the letter written by the latter, Vaiundarajan is accused of looting Rs. 96,000 crore.

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VV Minerals India is one of the leading sand beach mining companies in the country. Recently, however, several allegations of illegal beach sand mining have surfaced against the company. Despite no substantial proof to support these allegations, the company’s hard earned reputation seems to have taken a hit. Vaikundarajan has stated that VV Minerals has operated within legal boundaries and the allegation is a ploy by competitors to defame the company.

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In the wake of recent illegal beach sand mining allegations, the company has found itself under harsh criticism and scrutiny. The company’s hard earned reputation hangs by a thin thread despite no substantial proof to support any allegations. VV Mineral Vaikundarajan, however, insists that the company has operated within legal boundaries for over two decades. He further states that the allegation is a plot by competitors to defame the company.

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Following several allegations of illegal beach mining against some companies, the state government has set up an investigating team to probe into the matter. Vaikundarajan, Managing Director of VV Minerals India, is accused of using political connections over the matters concerning illegal mining activities. None of these allegations are supported by strong evidence. The company has assured to have carried all mining activities with legal boundaries.

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VV Minerals was established in 1989 by S Vaikundarajan and has grown into a profitable mineral export company over the past two decades. While the company has received national awards for its export contributions, in recent years it has faced allegations of illegal sand mining and corruption without evidence. An investigating committee found no proof of wrongdoing by VV Minerals. Vaikundarajan denies the allegations and believes they are an attempt to undermine his business by competitors.

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VV Mineral Vaikundarajan denies involvement in illegal sand mining and argues that the company holds legal documents authorizing its mining and export operations. However, the company has been accused of illegally exporting beach sand minerals worth Rs. 1 lakh crore. An investigation is ongoing into these allegations against VV Minerals, and Vaikundarajan believes the company will be cleared of any wrongdoing.

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Viapar is a coastal village in the Tuticorin district of Tamil Nadu. Recently, the village has been troubled by heavy beach erosion. This erosion has been said to have occurred from illegal beach mining across the region. VV Minerals has been held responsible for this erosion without any evidence. It is alleged that the 20 year old company has encroached 30 hectares of government land and other mining lease violations.

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VV Minerals, a mining company founded in the 1980s, has faced allegations of illegal beach mining but claims it will be cleared of all accusations. While a district collector initially raised concerns about the company's involvement in a scam, an investigation found no evidence and the collector was transferred. VV Minerals denies the allegations and accuses rivals of conspiring against the company. The company's director asserts that their hands are clean and they will soon be cleared of all allegations.

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VV Mineral S Vaikundarajan is known to be a media shy person and prefers a low-key profile. Ever since the company has come under scrutiny for illegal sand mining, Vaikundarajan has been accused of using powerful political influence against the system. Several allegations have surfaced without any supporting evidence. VV Minerals India stays optimistic and states that his enterprise will soon walk clean.

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A practice to extract rare earth minerals through mining process from open pits, beaches, river beds etc. is known as sand mining. These rare earth minerals consist of 17 chemical elements. These rare earth minerals generally consist of elements like ilmenite, rutile, garnet, zircon, sillimanite, leucoxene and monazite. They are used in manufacturing consumer products and high tech applications. Established in 1989, V. V. Mineral (VVM) is the largest manufacturer and exporter of rare earth minerals – ilmenite and granet. It is the first private ilmenite exporter in india. VVM have achieved noteworthy market share in Europe, the USA, Australia, East Asia and Middle East. VVM’s annual output is 7, 00,000 metric tonnes of heavy minerals, which includes garnet abrasive, ilmenite, zircon, rutile, sillimanite and leucoxene. VVM has been awarded with quite a number of awards.

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“Though India is home to 35% of global rare earth minerals and 71% of world’s monazite reserve, China dominates the rare earth supply of the world. With a slight change in the policies, India can be the world top player of rare earth minerals.” said S. Vaikundarajan, Managing Director and CEO of V. V. Minerals, the largest producer and exporter of ilmenite in India. “Keeping in mind the current demand of beach minerals owing to rapid innovation, the Make in India objective of the government won’t be so difficult to achieve.” Other industry experts have reiterated the Vaikundarajan’s thoughts on this matter.

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VV Mineral Vaikundarajan Discards All Allegations Against Company As Baseless

1. VV Mineral Vaikundarajan Discards All Allegations Against Company As Baseless

2. An organization called Meenavar Viduthalai Iyakaam has lodged an FIR against companies for being involved in illegal beach mining. A petition to stop illegal activities was submitted at the District Police Office in Tuticorin district. http://vvmineralblog.wordpress.com

3. The recent allegation of illegal beach sand mining has put several mining companies in a fix. The state government has suspended all illegal activities and set up an investigation team to look into the matter. These developments are causing financial losses to companies like VV Minerals and others. http://vvmineral.wordpress.com

4. Being the largest beach sand mining company, most allegations seem to have been unfairly directed towards VV Minerals. After an unsuccessful raid on the company’s warehouse, District Collector Ashish Kumar was given the marching orders. With no evidence in sight, it is only clear that the entire scam is baseless. http://vvmineralmining.wordpress.com

5. VV Mineral, Vaikundarajan stated this company. The company operated within legal boundaries for two decades and the allegation is a setup by rival businesses to hamper company reputation. http://vvmineral-mining.blogspot.in

6. He has openly expressed his support to the investigating team and assures that the result will be in favour of the company. http://vvmineralmining.blogspot.in

7. V.V. Minerals Blogs http://vvmineralblog.wordpress.com http://vvmineral.wordpress.com http://vvmineralmining.wordpress.com http://vvmineral-mining.blogspot.in http://vvmineralmining.blogspot.in

8. Social Media https://www.facebook.com/vvmineralmining https://twitter.com/vvmineralsindia https://plus.google.com/115427745398374600571

9. THANK YOU

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VV Mineral Vaikundarajan Discards All Allegations Against Company As Baseless

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