63-year-old Panneerselvam, who was chosen by J Jayalalithaa to fill her shoes in a similar situation in 2001, was unanimously elected as leader of AIADMK Legislature Party here, a day after her conviction and sentencing in the Rs 66.65 crore disproportionate assets case.
Described as "Mr Faithful", Panneerselvam belongs to the dominant Mudukulathor community and is a trusted lieutenant of Jayalalithaa.
The ruling party MLAs will meet Governor K Rosaiah to communicate him the decision, party sources said here.
Panneerselvam was handpicked by Jayalalithaa in 2001 when Supreme Court struck down her appointment as Chief Minister by the then Governor Fathima Beevi following her conviction in TANSI land case.
The soft spoken and suave leader literally functioned as "interm-chief minister" for about six months and duly vacated the post after Jayalalithaa was acquitted in the case.
Panneerselvam, who had been camping in Bangalore since yesterday when Jayalalithaa travelled there for the verdict in the disproportionate asset case, returned to the city today to take up the new responsibility as per her direction.
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