AGP Executive Report
Last update: 9 hours agoSeabed Mining: The federal government has finalized plans to auction two seabed lease areas totaling 31.4 million acres off American Samoa on Nov. 19. Bids start at $3 million per area, with 20-year lease terms, but a lease would allow only preliminary work such as mapping—not mining. Earthjustice and local groups are suing to block the sale, challenging federal authority; the territory has also sought a share of future revenues, which the agency says it cannot currently provide. Public Finances: A Senate committee’s preliminary report on the $10.1 million ARPA-interest investment raises concerns about spending without legislative approval and the decision-making process. Business Accountability: The Attorney General’s office has filed charges against a couple accused of theft and deceptive practices in their auto sales and repair businesses; the allegations include taking payment for vehicles that were never delivered. Shipyard Leadership: Gov. Pulaali‘i confirmed that shipyard CEO Carlos Sanchez resigned and said the board will begin looking for a successor.
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