Title: Will Soon Be Cleared Of All Allegations Says VV Minerals
1Will Soon Be Cleared Of All Allegations Says VV
Minerals
2VV Minerals, founded in late 1980s by S
Vaikundarajan, is known to be the highest
producer of minerals such as Garnet and Ilmenite.
However, a lot of speculation surrounding the
companys involvement in illegal beach mining has
surfaced.
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3The company has taken legal advice against such
baseless allegations and rumours. No evidence has
yet been submitted in the court that could
confirm the companys involvement in scam.
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4District Collector Ashish Kumar of Tuticorin was
one of the first people to raise his voice
against the company. However, when no evidence
was found, the District Collector had to face a
transfer. Yet again, Vaikundarajan was blamed to
have used his political influence in Kumars
transfer.
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5VV Minerals spokesperson, speaking to NDTV,
denied these allegations and claimed that the
"charges made by the former District Collector
are baseless, motivated and vague."
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6Being the most trusted exporter of minerals like
Garnet and Ilmenite, VV Minerals has enjoyed 100
monopoly in mining activities and has a giant
share for exporting Garnet.
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7Former IAS officer V Sundaram accused the company
of looting the government of several crore rupees
in his letter written to the state. However, VV
Minerals Director, V Subramanian was quick to
dismiss the allegation as a conspiracy by
business rivals.
Sundaram is passing this as a cruel joke. He is
on the payroll of our business rival... Our hands
are clean. We will soon be cleared of all
allegations," Ravindram Duraiswami, advocate for
VV Minerals told NDTV.
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8V.V. Minerals Blogs
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9Social Media
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10THANK YOU