Kernel panic with an error "Unable to load SELinux policy. Machine is in enforcing mode. Halting now" in Red Hat Enterprise Linux 5

Issue

• System kernel panic with an error "Unable to load SELinux policy. Machine is in enforcing mode. Halting now" in Red Hat Enterprise Linux 5

Unable to load SELinux Policy. Machine is in enforcing mode. Halting now.

Kernel panic - not syncing : Attempted to kill init!

or

type=1404 audit(1339709410.225:2): enforcing=1 old_enforcing=0 auid=4294967295 ses=4294967295

Kernel panic - not synicing : Attempted to kill init