iBankCoin
Joined Nov 11, 2007
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Government to Pay Indian Tribes $1 Billion for Mishandling Funds and Natural Resources

“The federal government agreed to pay $1 billion to dozens of American Indian tribes to settle charges that it mishandled money and natural resources held or managed on their behalf.

The settlements announced Wednesday, awarded to 41 tribes, include some claims dating back 100 years and follow nearly two years of negotiations between the tribes and the Obama administration. Attorney General Eric Holder said they mark an important step in the administration’s efforts to resolve decadeslong conflicts between the federal government and the tribes.

“These settlements fairly and honorably resolve historical grievances…that, for far too long, have been a source of conflict between Indian tribes and the United States,” he said.

The settlements will be paid from the Judgment Fund, used to pay settlements or judgments against the U.S. government.

The latest settlement doesn’t resolve all lawsuits by tribes against the government….”

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2 comments

  1. drummerboy

    in as much as everyone should be absolved,i’ll take 40 acres and a mule. equal to what we’ve paid in taxes,no.

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