On 30th June 2019, Seoul Overseas Coal Financing team carried out a surprise projection action against Korea No.1 Overseas Coal Financing bank.

Korea Eximbank (KEXIM) takes the lead in Korea's Coal Financing, accounting for 53% (5.4 billion USD) of the whole amount of coal finance from three major Korean public financial institutes for the last ten years.

We also mentioned the bribery allegation of Hyundai Engineering & Construction at Cirebon II coal power plant project where KEXIM is one of its financiers.