A Queensland Right to Information Request has confirmed that the Commonwealth Bank has been helping Indian mining giant Adani with its coal expansion plans in the Galilee Basin and at Abbot Point on the Great Barrier Reef.

An email from Queensland Treasury on the 16th of December last year states that Commonwealth Bank prepared Adani with financial modelling for the rail line needed to transport Galilee coal to Abbot Point.

This comes after months of CommBank refusing to comment on its involvement in these Galilee projects and shutting out the concerns of the community and its own customers.

An article by the Australian Financial Review (AFR) published last November refers to Commonwealth Bank as the lead arranger for the Adani projects, together with UK Bank Standard Chartered. An AFR journalist this week stated that CommBank was preparing 3 funding proposals for Adani however the journalist was unable to reveal where this information came from.

Already, 11 of the world’s largest banks,* including many of the major lenders to Australian coal, have ruled out involvement in Adani’s Galilee & Abbot Point projects, citing a range of environmental and economic concerns.

*Citigroup, Morgan Stanley, JPMorgan Chase, Goldman Sachs, Deutsche Bank, Barclays, Royal Bank of Scotland, HSBC, BNP Paribas, Credit Agricole and Société Générale