10-month period start november 2015 four firm qualify illinois governor bruce rauner administration purchase 1.12 billion unpaid bill due score vendors provide critical goods service return firm stand pocket least 118 million state-funded late-payment penalties late september firm receivables acquire late-payment penalty vendor assistance program 707.2 million 82.4 million illinois finance partner 275.4 million 18.6 million vendor capital finance llc 145 million 16.9 million payplant 475,330 39,530 sept. 28 2016 source illinois department central management service vendor assistance program vap vap february 2014 disclosure late available identify six fund source 12 owners include citibank n.a consult firm own democratic political strategist patti solis doyle hillary clinton 2008 presidential campaign manager another vap investor list document manchester securities own billionaire hedge fund manager paul singer percent stake state record show singer donate 250,000 rauner september 2014 two months rauner election 14 months launch rauner administration vendor support initiative argentina dub affiliate singer-owned company vulture investor hardball tactics decade-plus legal battle south american nation default sovereign debt one point singer firm argentine naval train vessel briefly impound ghana attempt extract money buenos air illinois finance partner ifp illinois finance partner llc involvement program back 500 million bank america commitment accord ifp file state april ifp purchase consist entirely overdue health alliance bill group president founder majority investor lindsay trittipoe hold 58 percent stake company ifp minority investors include former two-term illinois republican governor jim edgar ifp board chairman former u.s. representative jerry costello illinois democrat hold percent stake company vendor capital finance llc february 2014 disclosure illinois recent available list new york municipal finance consultant le chen vcf chief executive officer lerose llc chen identify lone member state business record report percent ownership stake vcf nearly 94 percent stake vcf large owner er illinois llc base new york address richmond hill investment co. lp vcf file show payplant llc palo alto california-based firm co-founded ronjon nag inventor smartphone pioneer neerav berry computer engineer expert co-founder mobile app store platform acquire blackberry february 2014 file illinois show nag wife sally ann rudd commit million payplant another million come berry pandey live trust program target invoice contractors provide vital state service 90 days overdue date illinois designate variety vendors include supply state employees retire medical service fee prison inmates keep illinois computer systems function outside group front unpaid vendors 90 percent face value receivables whenever illinois eventually pay bill vendors keep remain 10 percent owe forward balance late-payment penalties lenders source illinois department central management service factbox company make money illinois unpaid bill