Both OPS & EPS factions try to "conquer" bank accounts of AIADMK

Panneerselvam also warned that in spite of this, if the banks allow any other person to operate the party's accounts in the name of AIADMK they will be held responsible for any misuse or misappropriation of accounts.
O Panneerselvam
O Panneerselvam

CHENNAI: With a political battle underway between AIADMK's O Panneerselvam faction and the Edappadi Palaniswami camp, both groups claim that they are authorized maintain bank accounts of the party.

Accordingly, Panneerselvam in his "official letter" as "coordinator" indicating several AIADMK's account numbers in a private bank, claimed "I am the treasurer of AIADMK appointed by "Amma" (Jayalalithaa) for the past several years".

Asserting that he was operating the AIADMK's several accounts and fixed deposits, OPS said, "In this connection, I wish to point out that in the illegal general council meeting of AIADMK held on July 11, a resolution has been passed appointing Dindigul C Sreenivasan as treasurer of AIADMK replacing me. I am still the coordinator and treasurer of the AIADMK as per records of the Election Commission and the matter is before the Madras High Court as well as Supreme Court. I request you (Banks) not to operate the aforesaid accounts by Sreenivasan or any other person authorized by him".

Panneerselvam also warned that in spite of this, if the banks allow any other person to operate the party's accounts in the name of AIADMK they will be held responsible for any misuse or misappropriation of accounts.

Meanwhile, AIADMK sources said that Palaniswami also communicated to the banks about the new treasurer -- Dindigul C Sreenivasan --, who was appointed at the party's general council meeting, would be authorized signatory for maintaining all the AIADMK accounts.

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