In reparation for mismanaging 14 million acres of their lands, United States government will pay the Navajo Nation more than $500 million. According to an article by Reuters reporter Steve Gorman, this record settlement is the result of the U.S. government using “land held in trust for the tribe and leased for such purposes as farming, energy development, logging and mining.”
Even though Navajo Nation President Ben Shelly hails the outcome victorious, I’m curious to know how much the government made by prostituting out these Navajo lands. How much does their profit compare to their payout? The article doesn’t give specifics and some late night Internet research revealed no answer, either. This record settlement is the highest paid out ever, which is an obvious achievement for native and indigenous peoples, but in return the Navajo Nation promised to “forego further litigation over previous U.S. management of Navajo funds and resources.” What’s being hidden here?
by Steve Gorman, Reuters/Huffington Post, September 24, 2014
The Obama administration has agreed to pay the Navajo Nation a record $554 million to settle longstanding claims by America’s largest Indian tribe that its funds and natural resources were mishandled for decades by the U.S. government.
The accord, resolving claims that date back as far as 50 years and marking the biggest U.S. legal settlement with a single tribe, will be formally signed at a ceremony on Friday in Window Rock, Arizona, the capital of the sprawling Navajo reservation.
The deal stems from litigation accusing the government of mismanaging Navajo trust accounts and resources on more than 14 million acres (5.7 million hectares) of land held in trust for the tribe and leased for such purposes as farming, energy development, logging and mining.
In return for $554 million, the Navajo agreed to dismiss its lawsuit and forego further litigation over previous U.S. management of Navajo funds and resources held in trust by the federal government.
The deal does not preclude the tribe from pursuing future trust claims, or any separate claims over water and uranium pollution on its reservation, Navajo Attorney General Harrison Tsosie said.
Read the full article here.