Delhi Police finds no foul play behind death of Muthoot Group chairman MG George

According to Delhi Police, George (72) fell from the fourth floor of his residence in South East Delhi on Friday evening. He was rushed to the hospital but succumbed during treatment
Delhi Police finds no foul play behind death of Muthoot Group chairman MG George
MG George MuthootTwitter

Delhi Police has informed that Muthoot Group Chairman MG George Muthoot fell to his death from the fourth floor of his house in Delhi’s East of Kailash.

According to Delhi Police, George (72) fell from the fourth floor of his residence in South East Delhi on Friday evening. He was rushed to Fortis Escort Hospital but succumbed to his injuries during treatment. Reportedly, Amar Colony Police Station received information around 9.21 pm that George was admitted to the hospital.

“George was taken to Fortis Escort Hospital and was declared dead during treatment. On Saturday, his post-mortem was conducted at AIIMS. No foul play is suspected. Inquest proceeding is being done," said DCP South East Delhi RP Meena.

The police checked the CCTV cameras and established that George was alone when the incident took place. Reportedly, one of the CCTV footages shows him standing alone on the fourth floor.

George is one of the richest Keralites. In 2011, Forbes Asia Magazine named George as the 50th richest Indian. In 2019, he reached the 44th spot and in 2020, Forbes listed him as the 26th richest Indian billionaire with a net worth of $4.8 billion. The Muthoot Group’s Muthoot Finance has a loan book of close to Rs 56,000 crore in December 2020 quarter.

George’s death comes nearly 12 years after his second son Paul M George was killed in a road rage incident. On the night of August 22, 2009, the then 32-year-old Paul was travelling on the Alappuzha-Changanassery road along with two men. Reportedly, the three men were heading to a resort. On their way, their car hit a two-wheeler. Instead of helping the injured, Paul drove away. A gang of hired killers who were on their way execute an attack, saw Paul hitting the two-wheeler and chased Paul and waylaid his car. A scuffle broke out between the men which resulted in Paul’s death.

In 2015, the CBI court found 13 of the 14 accused guilty of murder and conspiracy. Nine including the main accused – Kari Satheesh – were found guilty of murder, while the others were guilty of conspiracy. The CBI court had awarded life imprisonment to eight of the accused. However, in 2019, the Kerala High Court acquitted eight accused for murder, except Satheesh as he failed to file an appeal in the Kerala HC.

Shortly after the Kerala High Court verdict was announced, George Muthoot had said that he would approach the Supreme Court against the Kerala HC verdict.

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