The Enforcement Directorate (ED) in Kochi questioned George Alexander Muthoot, MD of Muthoot Group, in a money-laundering case. The ED's action stems from Kerala Police FIRs alleging investors were lured with high returns on fixed deposits and NCDs, with funds allegedly diverted to Srei Equipment Finance Limited, misrepresented as a sister concern. Investors faced non-repayment, leading to allegations of fraud.