Lawton bank freezes $6.5 million in Comanche Nation funds

A bank in Lawton has frozen more than $6.5 million in funds belonging to the Comanche Nation amid a leadership dispute.
by Andrew Knittle Published: June 5, 2012
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The bank claims it froze the tribe's seven individual accounts on May 29 due to competing claims of signatory authority. Records show both factions are “making claims” on the $6.5 million.

Attempts to reach the Comanche Nation for comment on this story were unsuccessful.

The freeze placed on the tribe's funds marks the second time in the past few weeks a leadership dispute has caused tribal funds to be frozen by a bank.

In late April, a Clinton bank placed an administrative freeze on $6.4 million belonging to the Cheyenne and Arapaho Tribes due to a leadership quarrel between the governor and lieutenant governor. A district judge is expected to rule on the issue Friday in Custer County.

In the meantime, the Cheyenne and Arapaho Tribes have sued the judge in Custer County, as well as the bank, for keeping the funds frozen.

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by Andrew Knittle
Investigative Reporter
Andrew Knittle has covered state water issues, tribal concerns and major criminal proceedings during his career as an Oklahoma journalist. He has won reporting awards from the state's Associated Press bureau and prides himself on finding a real...
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