It’s that time of year again: Vedanta AGM

Foilvedantatuesday28thaugust2012

Vedanta is the second most tax evading mining company in the FTSE 100. Billionaire company chief Anil Agarwal is one of the richest men in Britain with a £20 million home in Mayfair. His family own 62% of the company through various tax havens.


At their Korba aluminium plant in Chhattisgarh, India, up to 100 people are suspected to have been bulldozed into the rubble after a factory chimney collapsed on them. Vedanta claim only 42 died but between 60 and 100 are still missing.

 

At the Jharsuguda aluminium complex in Odisha, an estimated 10,000 people displaced by the plant are forced to live in polluted conditions under constant surveillance rather than be rehabilitated.

 

In Zambia, Vedanta’s Konkola copper mines polluted the Kafue river so heavily that it turned green. 100 x acceptable levels for copper and 7,700 x acceptable levels of manganese were found in water depended on by 50,000 people.


 

In Odisha, indigenous movements have opposed Vedanta’s bauxite mine on the Niyamgiri hills for seven years and so far prevented it. The whole of the Dongia Kondh tribe would be affected detrimentally if the mine went ahead.

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