US to Pay Navajo Nation Over $550 Million in Landmark Settlement

October 13, 2020 0 By PENTICTONLAWYERS

The U.S. government will pay the Navajo Nation $554 million as part of a historic settlement, bringing to a close a suit that accused the federal government of mismanagement of tribal trust funds and resources.

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A formal announcement and signing will take place Friday.

The deal, approved by the Navajo Nation Council in May, has been described as the largest settlement reached between the federal government and an individual tribe.

The settlement brings to an end a suit brought by the tribe in 2006 in the United States Court of Federal Claims charging that the federal government had mismanaged the Navajo Nation’s trust funds and resources, with claims dating as far back as 1946.

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