Asda owners used petrol forecourt firm to repay private jet loans

Billionaire Issa brothers borrowed $7m from EG Group in 2022 to repay debt taken on to buy jets

The billionaire brothers who own the Asda supermarket chain borrowed millions of pounds from their petrol forecourt company to repay the debt taken on to buy two private jets, it has emerged.

Corporate filings revealed that Mohsin and Zuber Issa, who bought Asda in 2020, used their EG Group, which runs thousands of petrol stations in the UK and overseas, to lend $7m (5.6m) to two private jet companies they owned in 2022.