The AIDC wishes to express its grave misgivings at the response of British mining company, Lonmin, to concerns raised regarding its role in transfer pricing and shifting its profits out of South Africa to its subsidiaries in various tax havens.
Lonmin announced a huge housing deal, publicly and in its social and labour plans. But the deal was never signed.
Lonmin announced a huge housing deal, publicly and in its social and labour plans. But the deal was never signed.
Anil Agarwal, progenitor, top dog, and main profiteer of Vedanta Resources plc has announced he will “give back what we earn for the greater good of the society”. But, how he “earned” that wealth has been exposed on the Mines and Communities website since before the company listed on the London Stock Exchange in December 2003, and at every turn since. It’s a catalogue of deception, violation of numerous laws, betrayal of thousands of Indigenous Peoples and workers, and theft of resources, that stands unrivalled in the recent history of India.
Anil Agarwal, progenitor, top dog, and main profiteer of Vedanta Resources plc has announced he will “give back what we earn for the greater good of the society”. But, how he “earned” that wealth has been exposed on the Mines and Communities website since before the company listed on the London Stock Exchange in December 2003, and at every turn since. It’s a catalogue of deception, violation of numerous laws, betrayal of thousands of Indigenous Peoples and workers, and theft of resources, that stands unrivalled in the recent history of India.
