All India Anna Dravida Munnetra Kazhagam (AIADMK) Members of Legislative Assembly (MLAs) on Sunday selected Tamil Nadu Finance Minister O. Panneerselvam as the new chief minister of the state, according to sources.
Panneerselvam will succeed J. Jayalalithaa who stands disqualified as the state's chief minister after she was convicted yesterday by a special court in Bangalore in connection with an 18-year-old disproportionate assets case, and was sentenced to serve four years in jail and asked to pay Rs.100 crores as fine.
Panneerselvam's selection was made at a meeting of AIADMK MLAs held earlier today.
He has now left the AIADMK office and will reportedly be going to the Raj Bhawan to meet the state's Governor K. Rosiah.
He had earlier been Chief Minister of Tamil Nadu and was also chairman of the Periakulam municipality in 1996.