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VV Minerals India came under the scanner after being allegedly held responsible for a thorium scam that supposedly was exposed by a local Turicorin collector.
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VV Minerals India Falsely Accused Of Involvement In Thorium Scam
VV Minerals is a twenty year old mining company that has recently been made popular as the organisation behind an alleged thorium scam.
VV Minerals India’s founder S Vaikundarajan is being labelled a cartel leader and a mafia. However, the reality is far from it and S Vaikundarajan is commonly known as a down-to-earth man.
The licenses found registered under the name of VV Minerals India and S Vaikundarajan are being questioned in the wake of the thorium scam.
However, VV Minerals India explains that they have so many registrations and licenses since they are the pioneers of commercial mining and are in no need to be involved in a thorium scam.
The thorium scam is pegged to be larger than the 2G spectrum and Coalgate scams collectively since the elements involved in the thorium scam are valued at much higher rates based on their use and application.
VV Minerals India has challenged all the allegations and are braving it in the High Court and pleading innocence in the matter of the Throium scam.
VV Minerals India and S Vaikundarajan are positive that they will come out clean of the blame of the Thorium scam.
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