The AIADMK party has removed former Chief Minister O Panneerselvam as party’s Treasurer with immediate effect, the party said on Wednesday. 

The party has appointed Dindigul Sreenivasan in Panneerselvam’s place.

Panneerselvam, after being sacked from party post, later announced that will be holding a press conference at 8 am on Wednesday. 

Reacting on this major development, DMK’s MK Stalin said, “VK Sasikala didn’t allow CM O Pannerselvam to work freely, this is what DMK has been telling & same has been said by OPS.”

Hitting out OPS, AIADMK’s M Thambidurai said, “This is only crocodile tears, he back stabbed the party. DMK forces doing this drama.”

The dismissal came hours after Panneerselvam said on Tuesday he was threatened and coerced to resign as the Chief Minister to pave way for General Secretary V.K.Sasikala to occupy the position.

Senior leaders and ministers met Sasikala at the Poes Garden residence of late J Jayalalithaa on Tuesday night and the decision was taken to dismiss Panneerselvam.