Ken Cuccinelli speaks, and the federal bureaucracy actually moves, for once:
After eight months of waiting, the Department of the Treasury on Wednesday agreed to release in excess of $100 million owed to Virginia for its role as lead investigator in a $1.5 billion court-approved Medicaid Fraud settlement with Abbott Pharmaceuticals.
Officials in the office of Virginia Attorney General Ken Cuccinelli said the office expects to receive $115 million of the $125 million it says it is owed from the settlement.
Confirmation of the release of the money came in a letter sent by the Executive Office for Asset Forfeiture to Deputy Virginia Attorney General John Childrey late Wednesday.
It followed a press briefing in Richmond earlier in the day in which Cuccinelli blasted the Internal Revenue Service for failing to complete paperwork necessary to release the funds following the final court order issued in the case in October, 2012.