VV Mineral Vaikundarajan Under The Scanner For Alleged Claims Of A Thorium Scam

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VV Mineral Vaikundarajan Under The Scanner For Alleged Claims Of A Thorium Scam


Twenty years ago when S Vaikundarajan established VV Mineral, little must he have expected to be in the middle of one of India’s biggest thorium scam.

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The alleged whistle blowing surrounding beach sand mining activities in over three states and various coasts in Tamil Nadu alone have brought the company and its down-to-earth owner under the government scanner.

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The thorium scam is claimed to be worth Rs. 48 lakh crores which is a gross exaggeration borne of uneducated estimates or sensationalist guesswork.

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When a collector raised doubts about the legality of the mining activities being conducted by VV Mineral. However, when the Department of Atomic Energy ran a probe into their processes and systems they found that VV Minerals has no way to extract thorium.

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Despite the clearance given by the respected government body the company has not been excused from being mentioned in relation to the thorium scam.

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The thorium scam is an activity that has been brought up by the rivals of the forerunning company VV Mineral as an easy way to beat the competition.

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