Kerala CM to float new party?

New Delhi, Feb 3: It seems Kerala's Communist rule would go for a toss. Speculations are being made that Chief Minister V S Achutanandan is considering to float his own party.

If the party splits it could be the worst nightmare for CPM just before the Lok sabha elections, 2009. CPM's party secretary Pinaray Vijayan has launched his much hyped Nav Kerala Yatra on Monday, Feb 2 evening. Vijayan is facing corruption charges in the multi-crore SNC-Lavlin deal.

CM VS Achutanandan who was not present at the yatra caught every one's attention. Though top politicians of CPI (M) persuaded him, they failed.

The CM's stand came as a jolt to CPM which was hoping he would be ready to join the yatra after party general secretary Prakash Karat had called the case a 'politically-motivated' one.

Politburo member Sitaram Yechury said, "We discussed everything in the Politburo, There is no such issue." Trouble began quite few days back when CBI sought to prosecute Pinarayi Vijayan in a multi crore SNC Lavlin Case.

Achutanandan supported it demanding he be removed.

OneIndia News (With inputs from Agencies)