VV Minerals, founded in late 1980s by S Vaikundarajan, is known to be the highest producer of minerals such as Garnet and Ilmenite. However, a lot of speculation surrounding the company’s involvement in illegal beach mining has surfaced.
The company has taken legal advice against such baseless allegations and rumours. No evidence has yet been submitted in the court that could confirm the company’s involvement in scam.
District Collector Ashish Kumar of Tuticorin was one of the first people to raise his voice against the company. However, when no evidence was found, the District Collector had to face a transfer. Yet again, VV Mineral Vaikundarajan was blamed to have used his political influence in Kumar’s transfer.
VV Minerals’ spokesperson, speaking to NDTV, denied these allegations and claimed that the “charges made by the former District Collector are baseless, motivated and vague.”