The chairman of Mutooth Finance corporation M G GEORGE MUTHOOTH passed on Friday evening after reportedly falling from fourth floor of his house in Delhi
He was largely considered for making the Muthooth Finance a pan-India &the largest gold loan, NBFC &he played a vital role in taking Muthooth Finance to new heights, expanding its reach across the country &even overseas especially to middle-east. As per police, they received the information about M G George Muthooth being admitted to a hospital after being fallen from 4th floor of his home on Friday at 9:21 pm he was latter declared dead
Enquiry conducted into the matter & statement were recorded. The CCTV footage were also checked . He was taken to Fortis Escort hospital where he died during treatment. On Saturday,his post Morton has been conducted by AIIMS. No foul play is suspected further enquires are been carried out – Deputy Commissioner of Police (South East Delhi) R.P. Meena told to PTI.
Muthooth stayed for long based in Delhi even though his diversified group that runs over 20 business from gold loan to Securities, real estate to infrastructure, hospital to Hospitality and education and is headquartered on Kochi.
M G George Muthooth sudden and unexpected demise will be an irreplaceable loss ti the company, employees , all stake holders, family and friends, All directors and employees of the company convey deep sympathy sorrow and condolences to his family the Muthooth Finance said in a statement
Muthai George George Muthooth was born in Nov 1949 in Kozhencherry today’s Pathanamitha district of Kerala to M George Muthooth who began the finance business as the grandson of Muthooth Ninan Mathai the grandfather
After graduation, Muthooth joined the family business as an office assistant &in ’79 he became the managing director and became Chairman in Feb’93. He has three son’s and was married to Sara George. His two sons George M George & Alexander George are the executive director &director of group. While the third son Paul George was murdered in 2009. With close to $5billion essests Forbes Asia had listed him as 44th richest Indian in 2020 and was the richest Keralite