In a surprising and shocking revelation of sorts, the outgoing President of the Nadigar Sangam, R.Sarathkumar revealed the he has cancelled the contract entered between the SPI Cinemas and Nadigar Sangam to build a mall in the 18 ground land possessed by the Sangam.

The actor-politician has organised a Press meet today in which he said that he had cancelled the contract on September 29 and he wanted to announce it only after winning in the elections.

It must be noted that the contract with SPI Cinemas has been the bone of contention between the team lead by Sarathkumar and the Pandavar Ani of Vishal, Nasser and others.

Sarathkumar congratulated Nasser and his team and assured that he was ready to help the new body whenever his assistance was needed.

He also promised to hand over the auditing accounts of Nadigar Sangam within a week's time to the new administrative body.