Seminole Nation received $12.5M under trust fund settlement

Monday, August 5, 2013  

The Seminole Nation of Oklahoma received $12.5 million under a trust fund settlement with the federal government, The Native American Times reports.

The tribe received the money on July 12. Four days later, the money was distributed to investment accounts, a move that has drawn scrutiny in the community.

“There are a lot of elders who need a lot things and there are a lot of things we could do with that money,” tribal member Lisa Post Oak said at a meeting where the issue was discussed, the Times reported.

Tribal members say any decisions on what to do with the money should be done through the general council.

Get the Story:
Seminole citizens question settlement money spending (The Native American Times 8/5)