Deloitte resigns as Asda buyer EG Group’s auditor

Issa brothers

EG Group’s auditor Deloitte has resigned just weeks after the petrol station giant’s co-founders sealed a £6.8bn deal to acquire Asda.

The big four accountancy firm has stepped down with immediate effect due to concerns over EG’s governance and internal control, according to the Financial Times.

EG Group, which was co-founded by Zuber and Moshin Issa and now owns around 6,000 petrol stations globally, reportedly sent a note to bondholders informing them that KPMG had been appointed as its new auditor following the abrupt resignation of Deloitte after four years in post.

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