Verdict By The Indian Bureau Of Mines And Department Of Geology On VV Mineral’s Role In Thorium Scam

Verdict By The Indian Bureau Of Mines And Department Of Geology On VV Mineral’s Role In Thorium Scam

VV Mineral, a major heavy mineral mining company was accused of producing minerals that were not included in the 'Atomic Mining List'. The accusation was placed on the company by a retired IAS officer, Thiruv. V. Sundaram. Once the complaint was lodged an immediate investigation was called for on the associates of the organziation in Tamil Nadu and Chennai by the government.

The inspection took place from 2/5/2013 to 7/5/2013.

According to the government of India, ilmenite, garnet, zircon and rutile are not included in the ‘Atomic Minerals’ list.

After the whole investigation was over a copy of the report submitted by The Indian Bureau of Mines was made available to various media houses and also the persons concerned with this investigation. The points covered in the investigation were as follows:  The inspection complaints made by Shri. V. Sundaram IAS (Retd.) Public Grievances Redressal Forum, Chennai have been examined based on the records and field observation.

 Allegations put against the company mainly relate on the exploitation of rare atomic minerals in the coastal areas of Tamil Nadu.  The complaint with regards to the big time looting of atomic minerals is made without any concrete evidence.  The production details furnished by the lessee from their own mining leases granted both in patta and government poramboke lad in all the three districts by obtaining proper transport permits from State Government after remitting required royalty as prescribed by the State Government which is found to be appropriate.  During the inspection no illegal mining was observed in the neighbouring areas of mining leases granted which is also certified by the respective village administrative officers and other authorized personel.  Further it is to be stated that all the complaints made by the complainant are imaginary and not specific about the mine area in all the three districts and found to be irrelevant without any authenticity  All leases were purely granted on the basis of merit and were not granted on the basis of biases.  Thus through all the above points made in the statement/report, it shows that the accqsations made by the person were wrong. The motive was purely on the basis of envy and was far from the truth.

The company has been a pioneer in the heavy mineral mining industry for about two decades. It is a family owned business, with Mr.S.Vaikundarajan's son Mr. V. Subramanian and his brother Mr. Jegatheesan as the managing partners of the company. Another important person in the top management includes Mr. J. Muthurajan.

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