Police Comes Out Empty Handed Out Of Vaikundarajan’s Office Premises

Police Comes Out Empty Handed Out Of Vaikundarajan’s Office Premises

The domestic market of India for heavy minerals is quite young and has tremendous growth potential. VV Minerals is India’s largest private heavy mineral mining company and accounts for the largest export of such minerals like ilmenite, zircon, garnet and rutile. As a matter of fact VV Minerals was compellingly dragged into a 96k crore scam which has not been committed by them. VV Mineral, Vaikundarajan was alleged of carrying out illegal mining activities and illegal export of thorium. As investigations started into this matter S. Vaikundarajan’s office premises were searched for any evidence to be found.

Some news stories suggest that the police searched for Subbiah Vaikundarajan’s factory and office premises at Keeraikaaranthattu near Thisaiyanvilai in connection to this case and that the Revenue Department officials of Kanyakumari district seized six sand- laden Lorries at Meignanapuram. The news story also says that after examining the material they found that the sand contained ‘considerable quantity’ of thorium that is not permissible to export out of the country.

However, these are just believed to be rumours. As later all these allegations against VV Minerals, S.Vaikundarajan were proven false. Under the Atomic Energy Commission Act, export of thorium in any form is prohibited and also a punishable offence. Being aware of all such Government regulations and also working under constant scrutiny of the Government officials does not permit VV Minerals to commit such a crime.

S. Vaikundarajan has got into this trade after attaining all statutory clearances and other permissions and grants. VV Minerals, India, though a private heavy mineral mining company operates directly under the government’s vigil which is reason enough for it to practice all fair means of trade. At the time of the police enquiry also there was no evidence to be found and therefore, they had to return empty handed from the office premises of S. Vaikundarajan.

When the officials filed a case against S. Vaikundarajan for the illegally quarrying the thorium rich sand, because he was innocent he challenged it in the Madurai bench of the Madras High Court. As there were no substantial proof of S. Vaikundarajan being guilty of carrying out illegal heavy mineral mining he was also given a clean chit from the courts.

It is therefore very evident that VV Minerals, India were not involved into any wrong doings as the court has pronounced their innocence. They have won many awards being the

highest exporter of heavy minerals and are highly regarded in the entire industry. S. Vaikundarajan also known for carrying out its social responsibilities well and always doing good for the environment just cannot get into such scams as he has to live up to the reputation that has been created over the years.

It is takes a lot of time and effort to build such a name in the society and no one is foolish enough to take up illegal activity and ruin all of it at once.