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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. <br><br>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 Mineral Shows Faith In Judiciary, Expects Results In Company’s Favour
In the late 1980s, VV Mineral Vaikundarajan founded a beach sand mining company. Over the next 20 years, the company would go on to become one of the largest mining companies in India. It has won several national awards for its contribution to the export business and is the 1st company to export Ilmenite along with Zircon, Garnet and Rutile. http://vvmineralblog.wordpress.com
VV Mineral Vaikundarajan is not known to be a media person and has always preferred to keep a low profile. 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. http://vvmineral.wordpress.com
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. http://vvmineralmining.wordpress.com
VV Minerals India has not shied away from facing these issues head-on and stated that these allegations are baseless. He further added that all these allegations are made without any supporting evidence and termed them as a ploy by rival businesses to slander his company. http://vvmineral-mining.blogspot.in
Following these allegations, the state government set up an investigating committee to look into the matter. Any evidence against the company is yet to be recorded. Even though there is no substance to the controversy, the allegations continue to tamper the reputation of VV Minerals India and its founder, S Vaikundarajan. http://vvmineralmining.blogspot.in
Meanwhile, the National Green Tribunal has suspended sand mining activities in coastal areas. Vaikundarajan has showed confidence in the investigating team and assured that the results will turn out to be in favour of the company. http://vvmineralblog.wordpress.com
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