The United States will pay the Navajo Nation $554 million as the result of a settlement agreement, the largest ever obtained by an American Indian tribe.Rico says it's about time...
The agreement settles a 2006 lawsuit by the Navajo Nation, alleging that the American government improperly handled Indian assets for more than five decades, The New York Times reports.
The Navajo Nation, alongside officials from the Obama Administration, will formally announce the settlement from Arizona. The Nation owns about fourteen million acres of land, which the Federal government oversees, though the tribe said the US has not provided tools and invested the proper resources to foster economic growth.
The Department of Justice said the money will be transferred to the Navajo Nation as quickly as two months from now. The settlement is reportedly part of nearly three billion dollars worth of agreements the Obama administration reached with various Indian tribes, in an effort to improve relations between the Federal government and Native American tribes.
25 September 2014
Navajo Nation to receive settlement
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