EconomyLens.com
No Result
View All Result
Tuesday, June 17, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Canadian auto parts magnate faces more sexual assault charges

David Peterson by David Peterson
October 3, 2024
in Other
Reading Time: 4 mins read
A A
0
33
SHARES
418
VIEWS
Share on FacebookShare on Twitter

Austrian-Canadian businessman Frank Stronach, seen here during his run for public office in his native Austria, has been charged with 13 counts of sexual assault in Canada. ©AFP

Ottawa (AFP) – Three more women have come forward with sexual assault accusations against Frank Stronach, the founder of Magna International, one of the world’s largest auto parts companies, court records showed Thursday. That brings to 13 the number of women accusing the 92-year-old of crimes including attempted rape, sexual assault, and forcible confinement from 1977 to February of this year. He now faces 18 charges.

Related

Swiss insurers estimate glacier damage at $393 mn

Brazil sells rights to oil blocks near Amazon river mouth

Taiwan tests sea drones as China keeps up military pressure

G7 leaders urge Trump to ease off trade war

Oil prices jump, stocks drop as traders track Israel-Iran crisis

Stronach, whose case is scheduled to return to court on Monday, has in interviews with Canadian media and through his lawyer denied the allegations. He was first arrested in June and released. Since then, his granddaughter Selena — as part of a feud over the family fortune — sought to compel the Stronach Group to disclose any documents related to sexual misconduct complaints levelled at him. A judge dismissed the motion.

This week, however, Magna International reportedly launched an internal investigation into its founder’s history at the company dating back to the 1950s in response to the sexual assault allegations. Stronach, an Austrian-born rags-to-riches immigrant, grew a small Canadian tool and die company into one of the world’s largest automotive parts manufacturers, Magna International. At age 80, he ceded control of Magna and returned to his native Austria to run for public office, but returned to Canada a few years later after support dissipated.

One of his accusers, a former horse groomer at Stronach’s stables in Aurora, Ontario where the auto parts company he founded is based, was 20 years old in 1980 when she alleges that he sexually assaulted her. After being plied with alcohol at a Toronto bar that he owned, she woke up in a strange apartment with Stronach on top of her, she said. “It was rape,” she told public broadcaster CBC. Stronach called the allegations “a lie,” and suggested his accusers are seeking a financial payout.

© 2024 AFP

Tags: automotive industrylegal issuessexual assault
Share13Tweet8Share2Pin3Send
Previous Post

Israel-Hamas war causes 86-percent dive in Gaza GDP: IMF

Next Post

Dockers end three-day strike at Montreal port

David Peterson

David Peterson

Related Posts

Other

Oil prices rally, stocks mixed as traders track Israel-Iran crisis

June 17, 2025
Other

Venezuela’s El Dorado, where gold is currency of the poor

June 17, 2025
Other

Oil prices jump after Trump’s warning, stocks extend gains

June 17, 2025
Other

Despite law, US TikTok ban likely to remain on hold

June 16, 2025
Other

OpenAI wins $200 mn contract with US military

June 16, 2025
Other

G7 leaders urge Trump to ease off trade war

June 17, 2025
Next Post

Dockers end three-day strike at Montreal port

What next for OpenAI after $157 billion bonanza?

US dockworkers to head back to work after tentative deal

EU states greenlight extra tariffs on EVs from China

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Spain says ‘overvoltage’ caused huge April blackout

June 17, 2025

Swiss insurers estimate glacier damage at $393 mn

June 17, 2025

Brazil sells rights to oil blocks near Amazon river mouth

June 17, 2025

Trump says EU not offering ‘fair deal’ on trade

June 17, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.