Guangzhou R&F Properties’ Vice-Chairman and President Zhang Li (right) and Chairman Li Sze-Lim (left) during the real estate developer’s listing ceremony on the Hong Kong Stock Exchange on 14 July 2005. Photo: SCMP
Guangzhou R&F Properties’ Vice-Chairman and President Zhang Li (right) and Chairman Li Sze-Lim (left) during the real estate developer’s listing ceremony on the Hong Kong Stock Exchange on 14 July 2005. Photo: SCMP

R&F distances itself from San Francisco project as it confirms co-founder’s arrest in London for extradition to the US

  • R&F’s co-founder Zhang Li was arrested in London on November 30 for extradition to the US to face bribery charges over a project in San Francisco
  • R&F said it had ‘no interest’ in the San Francisco project and the company did not put up Zhang’s bail money, according to a statement

Guangzhou R&F Properties’ Vice-Chairman and President Zhang Li (right) and Chairman Li Sze-Lim (left) during the real estate developer’s listing ceremony on the Hong Kong Stock Exchange on 14 July 2005. Photo: SCMP
Guangzhou R&F Properties’ Vice-Chairman and President Zhang Li (right) and Chairman Li Sze-Lim (left) during the real estate developer’s listing ceremony on the Hong Kong Stock Exchange on 14 July 2005. Photo: SCMP
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