The local life in Tuticorin district of Periyasamypuram is rumoured to have been distracted by illegal sand beach mining. The locals have taken the law in their hands by holding hostage a sand mining truck from VV Mineral’s warehouse. The driver had to bear the consequences of the local’s anger. The police failed to control the situation.
Being one of the largest beach mining companies in India, it is no surprise that VV Minerals finds itself in the midst of this controversy. While there has been no evidence to prove an illegal action on behalf of the company, S Vaikundarajan, founder of VV Minerals stated that the locals were being instigated against the company.
He further points out that a scam of that extent is practically impossible for one company to pull off. The company has been in operation for two decades. These allegations surfacing now make no sense.
VV Minerals is authorized to manufacture and export Garnet with 1% Monazite content. However, the company is still accused of illegally exporting Monazite. The lack in technology for the separation of Monazite is also not taken into consideration.
Despite these accusations, Vaikundarajan has assured that the company has never gone beyond the 1% threshold for monazite and has always operated within legal boundaries.
Vaikundarajan 