More charges in Frank Stronach’s sex assault case set to move to Toronto

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Published October 7, 2024 at 12:50 pm

Frank Stronach accused of sexually assaulting three complainants
Magna Chairman Frank Stronach speaks at his final AGM in Markham, Ont. on Wednesday, May 4, 2011. A court document shows Canadian businessman and billionaire Stronach is accused of sexually assaulting three different complainants. THE CANADIAN PRESS/Frank Gunn

Billionaire businessman Frank Stronach faces five more charges including sexual assault charges and his case has been put over to next month as lawyers work to have the matter moved to a court in Toronto.

A Crown attorney told a Brampton court on Monday that prosecutors have agreed to transfer the case to Toronto, where most of the offences are alleged to have occurred.

Peel Regional Police charged Stronach with another five offences on Monday bringing the total to 18 counts including sexual assault, indecent assault and rape. Police say 13 complainants have come forward with allegations dating from 1977 to as recently as February of this year.

The charges laid reflect the wording of the Criminal Code of Canada when the alleged offences took place, police say.

The 92-year-old magnate, who did not appear in court Monday, has denied all allegations against him and vowed to defend his reputation.

Stronach was first arrested by Peel police in early June and the latest charges against him were filed late last month.

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His next scheduled court appearance in Brampton is set for Nov. 4 and is expected to confirm the transfer of the case to the Toronto court system.

Stronach became one of Canada’s wealthiest people by creating auto parts giant Magna in his garage in 1957. He also founded The Stronach Group, a company that specializes in horse racing, and founded Stronach International in 2018, a company focusing on organic foods and “micro-electric mobility.”

Stronach resigned as Magna’s chairman in 2011 and founded his own political party in his native Austria the following year.

Magna International Inc. said last week that it had launched a targeted review of its historical records in response to the criminal charges against Stronach.

Magna spokeswoman Tracy Fuerst said if any relevant information is found, the company — which is not facing any criminal or civil allegations — will follow a strict protocol to respect the legal rights of all and co-operate with authorities.

The internal document review has so far discovered one settlement involving a historical harassment allegation against Stronach and Magna Entertainment Corp. that had already been reported.

– With files from INsauga.com

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