(Al Seib / Los Angeles Times)
A Chinese real estate company was fined $4 million Friday for the lavish bribes that its owner paid former Los Angeles City Councilmember Jose Huizar as it sought approval to build a downtown skyscraper.U.S. District Judge John F. Walter, who has presided over a series of City Hall graft cases, bemoaned "the crushing weight of corruption" as he imposed the sentence on Shen Zhen New World I.
Its billionaire owner, Wei Huang, is "more than capable," Walter said, of resorting to payoffs once again as he seeks to redevelop the company's L.A. Grand Hotel at West 3rd and Figueroa streets.
A Chinese real estate company was fined $4 million Friday for the lavish bribes that its owner paid former Los Angeles City Councilmember Jose Huizar as it sought approval to build a downtown skyscraper.U.S. District Judge John F. Walter, who has presided over a series of City Hall graft cases, bemoaned "the crushing weight of corruption" as he imposed the sentence on Shen Zhen New World I.
Its billionaire owner, Wei Huang, is "more than capable," Walter said, of resorting to payoffs once again as he seeks to redevelop the company's L.A. Grand Hotel at West 3rd and Figueroa streets.
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