While the AIADMK chief will have to resign as the CM owing to the conviction after a Supreme Court ruling in such cases, the quantum of judgement in the case is awaited. It will be delivered shortly.
Jayalalithaa, 66, has been found guilty of corruption by the special court near the Bangalore Central Jail.
The case was filed in 1996 by her arch rival the DMK.
Jayalalithaa may face up to seven years of imprisonment too. She had already spent a few days behind the bars after she was arrested in the case about 18 years ago.
It was argued in the court that she had amassed property worth Rs. 66 crores - including 30 kg of gold, 12,000 saris and 2000 acres of land- despite not taking any salary as chief minister.
Soon after the judgement was announced, the supporters of Jayalalithaa took to the streets in Tamil Nadu. Protests also broke out outside the house of DMK chief M Karunanidhi.
Reports said stones were hurled at his residence.
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