Under the agreement, the Navajo Nation will dismiss its current lawsuit and forgo further litigation against the U.S. government for its historic management and accounting of Navajo funds and resources held in trust by the government.
In the largest settlement with a single American Indian tribe, the Obama administration will pay the Navajo Nation $554 million to settle claims that the U.S. government has mismanaged funds and natural resources on the Navajo reservation for decades.
The settlement, to be signed in Window Rock, Ariz., on Friday, resolves a long-standing dispute between the Navajo Nation and the U.S. government, with some of the claims dating back more than 50 years.
The sprawling Navajo reservation, located in parts of Arizona, Utah and New Mexico, is the largest and most populous Indian reservation, with 14 million acres of trust lands, which are leased for farming, grazing, and oil, gas and other mineral extraction. The land is also leased for businesses, rights-of-way, easements and housing.
“This landmark resolution ends protracted and burdensome litigation,” Attorney General Eric H. Holder Jr. said in a statement provided to The Washington Post on Wednesday. “This demonstrates the Justice Department’s firm commitment to strengthening our partnerships with tribal nations.”
[…]
Complete text and video linked here.