George Alexander Muthoot, MD of Muthoot Finance, was injured after miscreants allegedly attacked his vehicle with stones.
Police said that George Alexander Muthoot, who suffered a head injury has been admitted to a private hospital.
This incident comes after Muthoot management, in December dismissed about 160 employees from the company’s 43 branches. A group of employees were protesting against the Muthoot management when the attacked happened. The protest is being held under the aegis of the Centre of Indian Trade Unions (CITU).
While the Muthoot management alleged that “CITU goons” were behind the attack the union leaders have denied all the allegations and maintained that they have no role in the incident.
Reacting to the incident Labour Minister T P Ramakrishnan said that no Muthoot employees were behind the attack.
In a statement, Labour Minister T P Ramakrishnan said, “The employees were protesting peacefully. Violence is not part of their protest. Even now, in today’s incident, I don’t think any of the Muthoot employees attacked the MD. However, it was the management of the company which had always provoked them by not implementing the decisions taken at conciliatory meetings.”
Many corporate leaders have condemned the attack.
The Kerala-headquartered Muthoot Finance is the largest gold financing company in India.
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