Muthoot group chairman MG George falls to death from 4th floor of Delhi residence

Muthoot group chairman MG George died on Friday night after he allegedly fell from the fourth floor of his house in southeast Delhi’s East of Kailash. George was 72-years-old. Police do not suspect any foul play behind the death, senior officers said.

A probe was conducted into the matter and statements were recorded. The CCTV cameras were also checked.

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

An inquest is a judicial inquiry in common law jurisdiction, particularly one held to determine the cause of a person's death.

“M G George Muthoot's sudden and unexpected demise will be an irreparable loss to the Company, employees, all stakeholders, family, and friends. All directors and employees of the Company convey deep sympathy, sorrow and condolences to his family,” the Muthoot Finance said in a regulatory filing on Saturday without giving reason for the cause of death.

He was responsible for scaling up the Muthoot Group's presence beyond the southern region by expanding its branch presence across north, east and west and thereby transforming the company into a pan India organization, it said.

He was instrumental in making the gold loan finance into an organised business.