HomeBusinessCanadian business tycoon Frank Stronach faces new allegations from police

Canadian business tycoon Frank Stronach faces new allegations from police

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Frank Stronach, 91, founded the company that became Magna International in the 1950s. On June 7, Peel Regional police laid five charges against him as part of a sex assault investigation.ALEXANDER KLEIN/Getty Images

Magna International founder Frank Stronach is facing new allegations dating back to 1977, impending criminal charges that the business tycoon says he will fight in court, his lawyer confirmed in a statement Wednesday.

In an emailed statement to The Globe and Mail, Mr. Stronach’s lawyer Brian Greenspan said his client “denies and will vigorously defend these further untested allegations.” The statement does not specify how many new charges Mr. Stronach could face or what is being alleged.

Police declined to comment on the new allegations.

Canadian businessman Frank Stronach arrested, charged with sexual assault

On June 7, Peel Regional police…

Read more at www.theglobeandmail.com

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