Future Of British Business
Tycoon’s Prison in the Sky Shows How Wealthy Set Their Own Rules
- Arrested R&F co-founder confined to luxury apartment on bail
- Zhang Li fighting being sent to the US to face bribe claims
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The arrested Chinese property tycoon Zhang Li has a novel way to avoid a London jail — lock himself in his own luxury tower block.
While Zhang, the co-founder of Guangzhou R&F Properties Co., prepares to fight his extradition to the US on bribery charges, his lawyers were working hard to get him out of a London prison and on bail this week.