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George Floyd's family will receive Sh3 billion ($27million) payout to settle a lawsuit over his death.
The city of Minneapolis agreed to settle the settlement following the 46-year-old's death at the hands of police last year. The unarmed black man's death in police custody stirred protests over racial injustice and police brutality.
His death ignited Black Lives Matters demonstrations around the world. The city's Mayor Jacob Frey will join other elected officials and members of Floyd's family on Friday afternoon local time for a news conference to discuss the settlement.
Read Also: Teen who filmed George Floyd's death to receive courage award
Floyd died in May as Derek Chauvin, a white Minneapolis police officer, kneeled on his neck for nearly nine minutes. Floyd's dying pleas for help were captured on widely seen bystander's video which triggered worldwide demands for justice.
Floyd's sister Bridgett Floyd said in a statement that she and her family were "pleased that this part of our tragic journey to justice for my brother George is resolved. While our hearts are broken, we are comforted in knowing that even in death, George Floyd showed the world how to live."
The trial of Chauvin, who was fired by the police force, began earlier this week in Hennepin County's district court on charges of murder and manslaughter. Chauvin has pleaded not guilty and said he properly followed his police training. Judge Peter Cahill has set aside about three weeks for jury selection in the high-profile case.
Read Also: Cop who kneeled on George Floyd's neck 'tried to kill' black man in 2008
Chauvin was helping to arrest Floyd on the evening of May 25 on suspicion he had used a counterfeit Sh2,000 ($20 bill) to buy cigarettes at a grocery store at the intersection. The other three officers are due to go on trial later this year on charges of aiding and abetting Chauvin in Floyd's death, which was ruled a homicide by the medical examiner. The Minneapolis Police Department fired all four officers the day after the deadly arrest.
