Jayalalithaa in jail but AIADMK takes decision, Panneerselvam is new Tamil Nadu CM

Chennai, Sept 28:

has been cornered as their supremo

has been sent to jail in connection with a 18-year-old corruption case. While the party was under pressure, many opposition leader including BJP's Subramanian Swamy demanded President rule in

.

Such demand increased pressure on the party which later decided to take its crucial decision on the name of new chief minister of the state within 24 hours of Jayalalithaa's conviction.

As it was predicted earlier, O Panneerselvam would be the successor of Jayalalithaa. Panneerselvam was one of the close aides of Jayalalithaa. He was the state Finance Minister in Tamil Nadu.

The important decision was taken following a crucial meeting of AIADMK MLAs at the party headquarters in Chennai. Earlier CPI leader D Raja asked centre and people of Tamil Nadu not pay heed to Subramanian Swamy's demand of president rule. Raja claimed that AIADMK has capabilities to continue the government as it has clear majority in the state assembly.

Jayalalithaa, aide Sasikala Natarajan, her son V N Sudhakaran and her niece Ilavarasi were also sentenced for four years. All four have been convictedof accumulating Rs 66 crore wealth disproportionate to known sources of her income from 1991-96 in Jayalalithaa's first term as Chief Minister. Jayalalithaa has been lodged in Bangalore central jail.

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