VV Mineral Vaikundarajan Under The Scanner For Alleged Claims Of A Thorium Scam

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VV Mineral Vaikundarajan Under The Scanner For
Alleged Claims Of A Thorium Scam
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Twenty years ago when S Vaikundarajan established
VV Mineral, little must he have expected to be in
the middle of one of Indias biggest thorium scam.
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The alleged whistle blowing surrounding beach
sand mining activities in over three states and
various coasts in Tamil Nadu alone have brought
the company and its down-to-earth owner under the
government scanner.
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The thorium scam is claimed to be worth Rs. 48
lakh crores which is a gross exaggeration borne
of uneducated estimates or sensationalist
guesswork.
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When a collector raised doubts about the legality
of the mining activities being conducted by VV
Mineral. However, when the Department of Atomic
Energy ran a probe into their processes and
systems they found that VV Minerals has no way to
extract thorium.
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Despite the clearance given by the respected
government body the company has not been excused
from being mentioned in relation to the thorium
scam.
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The thorium scam is an activity that has been
brought up by the rivals of the forerunning
company VV Mineral as an easy way to beat the
competition.
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