An agreement was reached between the Obama administration and the lawyers for 300,000 American Indians that would resolve a 13-year-old lawsuit over royalties the US Government supposedly owed to them for the use of their land. The dispute dates back to the 1887 Dawes Act which seized Indian land – much of it rich in natural resources – and gave it to white-owned companies to exploit.

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President Barack Obama called the agreement “an important step towards reconciliation”.

Under the Obama settlement, the government would pay $1.4 billion to compensate the Native Americans for their claims about historical accounting irregularities. It should be noted that the plaintiffs had claimed they were owed $47 billion, so some say US got a good deal.

It was a class action lawsuit so each member of the class would receive a check for $1,000, and the rest of the money from the 3.4 billion dollar trust would be distributed according to the land owned.

Russian Vesti.ru calls the move: “Great victory for the American Indians over the American Administration”.

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The billions will be separate from the money going to the native tribes and nations through the Administration for Native Americans (ANA). Currently US recognize 562 Tribes, American Indian and Alaska Native organizations, Native Hawaiian organizations and Native populations throughout the Pacific basin (including American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands).

The Obama administration settlement with the Native Americans must be approved both by Congress and a federal judge. Do you think the Congress will pass this legislature?

Because of the great interest to the matter here are the links to the original sources from the US Department of Justice:

Attorney General Holder at the Announcement of Cobell V. Salazar Settlement

Associate Attorney General Perrelli at the Announcement of Cobell V. Salazar Settlement