Panneerselvam mishandled AIADMK funds??
The dispute between the two top leaders of the AIADMK has reached a climax. Former chief minister E Palaniswami expelled another former chief minister party treasurer O Panneer Selvam from the party permanently. However, a case was filed against him in the Cheladantu Panneer court against him. So who can say when this dispute will be resolved in court. But why the conflict between these two has increased?
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The strange thing is that as long as they are in power, they are somehow united. After losing and joining the opposition, quarrels escalated and led to Panneer's expulsion. What is the need to expel Panneer from the party? It seems that funds are the real reason for what has happened. Karur Vysyabank indian banks for the party Rs. 300 crore deposits. It is reported that till now in the position of Treasurer, Panneer has acted in a friendly manner.
Knowing that, Palaniswami thought that he should dominate the bank accounts. While Panneer is the treasurer, his quest does not go well. Before that, they decided to remove Panneer from the party.
It was in this context that they provoked Panneer by giving some reasons and provoked him to quarrel. Finally, after the fight between the two escalated, Panneer was suddenly expelled from the party for violating party discipline.
Banks were also told about the expulsion of Panneer to the Central election Commission. Palaniswami has written letters to the banks that no one will withdraw money from the banks without their permission.
Panneer also wrote letters to the banks stating that Palani's letters explaining the case in court were invalid. Banks are arguing because they don't understand which of the two to listen to. The real reason for the quarrel between the two is Rs. It is understood that it is only 300 crores.
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