Issa brothers bought private jets with interest-free loans from EG Group

The billionaire brothers who co-own the Asda supermarket chain borrowed tens of millions of euros interest-free from their petrol station empire EG Group to buy two private jets.

Mohsin and Zuber Issa took out €39mn in unsecured loans in 2018 from the business they co-own with the private equity group TDR Capital, corporate filings show.

EG Group lent the money to two Isle of Man companies set up that year through which the brothers personally own the planes — one of which is a model advertised by its manufacturer as being “ideal” for transporting heads of state.

The generous loan

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