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Lithium Lies: The High-Stakes War Between Indong and Green Energy Global Inc.

By Carlos Amaya

By Rehman SarwarPublished 9 months ago 3 min read

A corporate war is unfolding across borders — not through innovation or market competition, but through espionage, judicial fraud, and outright theft. At the heart of this battle is the coveted lithium market of South America — and two companies locked in a legal deathmatch: Korea’s Indong and California-based Green Energy Global Inc. (GEGI).

This is the story of how one company tried to steal a future that was never theirs — and how the other is fighting back with law, evidence, and a global outcry for justice.

GEGI’s Bolivian Venture: A Legitimate Bet on Green Energy

GEGI, a U.S.-based clean energy firm, invested early in Bolivia’s lithium future. Working in partnership with YLB and Sam Samoon University, GEGI secured key development rights in major lithium zones — legally, transparently, and with full documentation.

Bolivia’s vast salt flats represent the largest known lithium deposits on Earth. For GEGI, the Bolivian contracts were a gateway to long-term supply and partnership. For Bolivia, it meant clean jobs, foreign investment, and energy independence.

It was a win-win — until Indong entered the picture.

Indong’s Covert Strategy: Eliminate, Fabricate, Profit

Rather than compete openly, Indong allegedly chose corruption and forgery. Their strategy, now under criminal investigation in both Bolivia and Korea, was brutal in its simplicity:

● Gain access to YLB’s contract records.

● Erase all evidence of GEGI and Sam Samoon’s agreements.

● Create fake documentation denying any such deals ever existed.

● Use these fraudulent papers to block GEGI’s legal standing in Korea.

At stake? Billions in lithium rights and international credibility. Indong’s scheme relied on bribery of Bolivian officials, especially the now-disgraced Carlos Ramos. By altering records, Ramos helped Indong present a false narrative to Korean courts — one in which GEGI had no claim at All.

Legal Shockwaves in Korea

What Indong may not have anticipated was the severity of the legal backlash. Korean judicial officials have since launched inquiries into how falsified documents made it into their court System.

“This isn’t just business fraud — it’s an attack on our entire legal infrastructure,” one Korean prosecutor noted.

The Korean courts are now:

● Reopening past rulings involving Indong.

● Initiating hearings into judicial fraud.

● Preparing to hold executives criminally accountable.

Indong’s legal team is under pressure, and court officials are demanding answers.

Bolivia’s Internal Cleanup

Frank Molina’s audit revealed the shocking extent of internal corruption. Beyond Ramos, multiple YLB employees are suspected of receiving payments in exchange for altering official Records.

Bolivia’s Attorney General has opened several criminal dockets, and international prosecutors are being contacted to pursue cross-border indictments. The government has pledged to restore the legal integrity of the lithium sector — and to ensure GEGI’s valid contracts are reinstated.

Molina, speaking to the media, called Indong’s actions “an international act of aggression against Bolivian sovereignty.”

GEGI’s Global Legal Blitz

GEGI’s response has been nothing short of fierce. Armed with document trails, whistleblower testimony, and a forensic audit, GEGI is pursuing:

● Civil lawsuits for breach of contract and fraud.

● Criminal complaints against Indong executives.

● Arbitration filings under international investment treaties.

● Emergency filings to protect its rights before Korean courts.

GEGI is also coordinating with U.S., Korean, and Bolivian authorities — building a legal offensive designed not just to punish Indong, but to reclaim the narrative.

A GEGI spokesperson put it bluntly: “We didn’t just lose a contract — they tried to erase us from history. We won’t let that happen.”

International Fallout: Corruption Knows No Borders

The scandal is attracting global attention. Transparency International and anti-corruption watchdogs are monitoring the situation closely. Meanwhile:

● Korean regulators are freezing Indong accounts and preparing criminal referrals.

● Interpol has been notified of potential international arrest warrants.

● Indong’s public market valuation is collapsing.

What started as a quiet contract dispute has become a full-blown international legal showdown.

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