Seoul: The prosecution on Wednesday raided Hyundai Engineering and Construction over allegations that its executive offered bribes to a high-ranking Indonesian government official in connection with a construction project in the Southeast Asian country.According to Yonhap News Agency, the Seoul Central District Prosecutors Office dispatched prosecutors and investigators to the company's headquarters in Seoul in the morning. Their objective was to secure documents and computer data pertinent to the bribery allegations.The prosecution reportedly suspects that a Hyundai E and C executive provided about 600 million won (US$430,000) to an Indonesian county head. The alleged purpose was to suppress complaints from local residents and environmental groups during the construction of the Cirebon coal-fired power plant.It has been reported that the Indonesian county head, who allegedly received bribes from Hyundai, was sentenced to prison by a local court. In 2015, Hyundai E and C announced that it had secured th e Cirebon power plant project, valued at $727 million.
- October 12, 2026
