Police have arrested a 91-year-old Canadian-born Austrian auto parts tycoon on suspicion of sexual assault in a case that has multiple accusers.
Peel Regional Police said Frank Stronach was charged Friday with five offences including rape, indecent acts with a woman, sexual assault and forcible confinement, the Associated Press reported. report Saturday.
91-year-old Canadian auto parts tycoon Frank Stronach has been arrested on suspicion of sexual assault. pic.twitter.com/Yq4XrSSQdb
— DailyLoud (@DailyLoud) June 8, 2024
Authorities, however, released Stronach on the condition that he appear in court at a later date. There are reportedly multiple accusers, but Peel Regional Police Officer Tyler Bell declined to say how many.
“Obviously, this is a high profile case, and our Special Victims Unit has a duty to protect victims, which is why they’re being ambivalent,” Bell said. “There is more than one victim, but we have yet to determine the number.”
…
The Austrian-born Stronach founded Magna in his garage in 1957 and built it into one of the world’s largest auto-parts suppliers, becoming one of Canada’s richest men.
He also founded the Stronach Group, a company specializing in horse racing. He had a brief stint in Austrian politics more than a decade ago and was made a member of the Order of Canada, one of the country’s highest honours.
Law Enforcement explanation The alleged incidents date back to the 1980s and as recently as 2023. Toronto Star.
Criminal lawyer Brian Greenspan, who is representing Stronach, said his client denies the charges against him.
“He looks forward to the opportunity to respond fully to the allegations and maintain his legacy as a philanthropist and an icon of Canadian business,” Greenspan said.
Magna spokesperson Said CBC News reported that the company had no knowledge of the investigation or charges against Stronach, given that his daughter leads the Stronach Group.
The timeline of the alleged events is as follows: problem “This is a case where the accused is a felony,” criminal lawyer Christopher Hicks told CTV News.
“Canada doesn’t have a statute of limitations like the U.S., so it doesn’t matter if you go back five, 10, 15, 20 years,” he explained.
