Trouble for Vedanta in India as chairman faces fraud inquiry...

UK mining giant Vedanta Resources was dealt a double blow today as the OECD agreed that all the complaints made by Survival about the company’s planned bauxite mine in Orissa merit further consideration, and Indian police investigate fraud allegations against the company’s billionaire chairman Anil Agarwal. 

The OECD complaints procedure exists to investigate claims that companies are breaking international guidelines for multinational enterprises. Survival has submitted a complaint that Vedanta is pushing ahead with a massive bauxite mine in Orissa on the land of the remote Dongria Kondh tribe even though they have never been consulted, and will be destroyed by it. More...

See also:

1. India:The Dongria Kondh prepares to fight Big Corporation with axes and arrows...
2. India:Dongria Kondh tribe in Orissa take on Vedanta Aluminium in a fight for survival...
3. Norwegian students fight Coca-Cola over unethical practices in India...
4. India: is Coca Cola guilty of unethical practices in Kala Dera?