SAN FRANCISCO—U.S. District Judge William H. Orrick ordered Bay Area property developer Z&L Properties to pay a $1 million fine for bribing the former director of San Francisco Public Works, according to an Oct. 16 announcement by the U.S. Attorney’s Office Northern District of California.
This sentence is part of a plea agreement that the owner of Z&L Properties, Chinese real estate tycoon Li Zhang, reached on Aug. 17 with the U.S. Attorney’s Office in exchange for his freedom from jail time.
