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Northwest Alaska's NANA Regional Corporation was holding what it called an informal meeting for Fairbanks shareholders inside the Westmark Hotel.
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NANA Regional Corp. is supposed to uphold Iñupiat values. Some shareholders say its role in Trump's deportation machinery makes a mockery of that.
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This withdrawal follows a decision last month from the Biden administration to choose a “no action” alternative on key permitting documents — which essentially stopped the project from moving forward. Alaska’s congressional delegation criticized the decision.
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Wayne Westlake is no longer president and CEO of NANA Regional Corporation. NANA officials announced the leadership change Thursday evening.
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Shareholders of the NANA Regional Native Corporation voted on Nov. 16 to establish a shareholder trust, which means dividends from the corporation will be tax-free.