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Police arrest 91-year-old Canadian auto parts billionaire Frank Stronach on sexual assault charges

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Police arrest 91-year-old Canadian auto parts billionaire Frank Stronach on sexual assault charges

Austrian-Canadian auto parts billionaire Frank Stronach was arrested on sexual assault charges spanning decades, police said.

The 91-year-old was charged Friday with five crimes including rape, indecent assault on a female, sexual assault and forcible confinement, Peel Regional Police said. He was released with conditions and will appear at the Ontario Court of Justice in Brampton, Ontario, at a later date, the police statement said.

CANADIAN BILLIONAIRE OFFERS $35 MILLION FOR INFORMATION TO CATCH PARENTS MURDERER FIVE YEARS LATER

Peel Regional Police Constable Tyler Bell said there is more than one accuser but declined to say how many.

“Obviously, this is a high-profile case. Our special victims unit is bound to protect the victims and in doing so that’s why were are being vague,” Bell said. “There is more than one victim but we won’t confirm that number yet.”

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Austro-Canadian billionaire Frank Stronach of his party Team Stronach arrives at the parliament for a TV discussion during national elections in Vienna, Austria, Sunday, Sept. 29, 2013. Canadian police have charged Stronach with sexual assault dating back to the 1980s. Peel Regional police said in a statement that Stronach, 91, was arrested on Friday, June 8, 2024, and charged with five crimes including, rape, indecent assault on a female, sexual assault and forcible confinement.  (AP Photo/Matthias Schrader)

Police allege the sexual assaults occurred from the 1980s to as recent as 2023. Bell said they are appealing for people to come forward if they have information or have been victims.

Stronach didn’t immediately respond to a request for comment.

He has hired prominent Canadian defense lawyer Brian Greenspan.

“Mr. Stronach categorically denies the allegations of impropriety which have been brought against him,” Greenspan said in an e-mail. “He looks forward to the opportunity to fully respond to the charges and to maintain his legacy both as a philanthropist and as an icon of the Canadian business community.”

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Stronach, born in Austria, became one of Canada’s wealthiest people by creating Magna in his garage in 1957 and building it into one of the world’s largest suppliers of auto parts.

He also founded The Stronach Group, a company specializing in horse racing. He made a brief foray into Austrian politics more than a decade ago and has been named to the Order of Canada, one of the country’s highest honors.

A Magna spokesperson said Stronach has had no affiliation with the company since relinquishing control in 2010.

“We have recently been made aware of the charges filed against Frank Stronach,” Dave Niemiec said in an email Friday evening. “Magna has no knowledge of the investigation or the allegations that have been raised beyond what has been reported in the media.”

Niemiec said the company would not comment further on the ongoing legal matter.

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In 2018, Stronach sued his daughter, two grandchildren and former business associate Alon Ossip for over $500 million in Ontario Superior Court alleging they mismanaged the family’s assets which he wanted to take back control of.

Belinda Stronach, a former Canadian Member of Parliament, countersued her father, saying in a statement of defense that he lost vast sums of money on pet projects.

The case was later settled.

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A 'disaster': Biden's shaky start in debate with Trump rattles Democrats

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A 'disaster': Biden's shaky start in debate with Trump rattles Democrats
U.S. President Joe Biden’s supporters had hoped Thursday night’s debate would erase worries that the 81-year-old was too old to serve another term, but his hoarse voice and at times tentative performance against Republican rival Donald Trump did the opposite.
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Kenyan police confront protesters day after president withdraws tax increase bill

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Kenyan police confront protesters day after president withdraws tax increase bill
  • Protests have continued across Kenya despite President William Ruto’s withdrawal of a controversial tax hike bill.
  • Kenyan police on Thursday fired teargas at protesters in Nairobi and blocked roads to the presidential palace.
  • Crowds in Mombasa, Kisumu and other cities have demanded President Ruto’s resignation.

Kenyan police fired teargas at dozens of protesters in Nairobi and blocked off roads to the presidential palace on Thursday as crowds took to the streets again nationwide, even after the president bowed to pressure to withdraw a tax hike bill.

Crowds called for President William Ruto to go further and step down in the capital, Mombasa, Kisumu and other centers, though the turnout was well down from the height of the mass rallies sparked by the tax measures over the past week.

Ruto withdrew the legislation including new taxes and hikes on Wednesday, a day after at least 23 people were killed in clashes at protests sparked by his plans, and parliament was briefly stormed and set alight.

KENYA’S PRESIDENT BACKTRACKS ON CONTROVERSIAL TAX INCREASES AFTER DEADLY PROTESTS SHAKE NATION

He is grappling with the most serious crisis of his two-year-old presidency as the youth-led protest movement has grown rapidly from online condemnations of the tax hikes into mass rallies demanding a political overhaul.

Protesters run to take cover outside the Kenyan Parliament after storming the building during a nationwide strike to protest against tax hikes in downtown Nairobi, on June 25, 2024. Kenyan police fired teargas at dozens of protesters and blocked off roads to the presidential palace on Thursday as crowds took to the streets again nationwide, even after the president bowed to pressure to withdraw a tax hike bill. (LUIS TATO/AFP via Getty Images)

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Dropping the bill has also hit plans to reduce the budget deficit and borrowing, as demanded by lenders including the International Monetary Fund.

Seven people were rushed to hospital with gunshot wounds in the town of Homa Bay in western Kenya on Thursday, Citizen TV reported, without going into further detail. Police commander Hassan Barua said he had sent officers to check on the report.

In Nairobi, police and soldiers patrolled the streets and blocked access to State House. Police fired teargas to disperse several dozen people who had gathered in the center of the city.

UN-BACKED CONTINGENT OF FOREIGN POLICE ARRIVES IN HAITI AS KENYA-LED FORCE PREPARES TO FACE GANGS

Doctors volunteer group Medics for Kenya said its staff at the Jamia Mosque/Crescent hospital had been hit by teargas, and that it condemned in “the strongest terms possible violence meted out on our volunteer medical teams”.

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Reuters reporters saw army vehicles on the streets after the government deployed the military to help police.

Elsewhere, hundreds of protesters gathered in the port city of Mombasa and in the western city of Kisumu, local television footage showed, although those gatherings appeared peaceful.

“We are only coming here so that our voice can be heard, us as Gen Z, us as Kenyans, we are one,” said Berryl Nelima in Mombasa. “So the police should stop killing us, we are just peaceful protesters, we are unarmed.”

The protest movement has no formal leadership structure and has largely responded to messages, banners and slogans on social media. Posts on Thursday suggested protest supporters were divided on how far to carry the demonstrations.

“Let’s not be foolish as we fight for a better Kenya,” Boniface Mwangi, a prominent social justice activist, said in an Instagram post.

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He voiced support for demonstrations on Thursday but opposed calls to invade State House, the president’s formal offices and residence, a move that he said could spur more violence and be used to justify a crackdown.

KENYAN PROTESTERS VOW TO CONTINUE DEMONSTRATIONS AFTER VIOLENT CLASHES LEAVE 23 DEAD

While some protest supporters said they would not demonstrate on Thursday as the finance bill had been scrapped, others pledged to press on, saying only Ruto’s resignation would satisfy them.

“Right now is not about just the finance bill but about #RutoMustGo,” political activist and protester Davis Tafari told Reuters in a text message. “We have to make sure that Ruto and his MPs have resigned and fresh elections are held … We occupy State House for dignity and justice.”

Eli Owuor, 34, from Kibera, an informal settlement and a traditional hotbed of protests, also said he was prepared to join a push on to State House.

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“We may just need to visit Zakayo today in his house to prove that after parliament we can occupy State House,” he said, using a nickname protesters have given to Ruto that references a biblical tax collector viewed as corrupt.

DIALOGUE, AUSTERITY ARE NEXT STEPS

In a speech on Wednesday, Ruto defended his push to raise taxes on items such as bread, cooking oil and diapers, saying it was justified by the need to cut Kenya’s high debt, which has made borrowing difficult and squeezed the currency.

But he acknowledged that the public had overwhelmingly rejected the finance bill. He said he would now start a dialogue with Kenyan youth and work on austerity measures, beginning with cuts to the budget of the presidency.

The International Monetary Fund, which has been urging the government to cut its deficit to obtain more funding, said it was closely monitoring the situation in Kenya.

“We are deeply concerned about the tragic events in Kenya in recent days,” the IMF said in a statement. “Our main goal in supporting Kenya is to help it overcome the difficult economic challenges it faces and improve its economic prospects and the well-being of its people.”

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Ratings agency Moody’s said the shift in focus to cutting spending rather than boosting revenue will complicate the disbursement of future IMF funding and slow the pace of fiscal consolidation.

Analysts at JPMorgan said they had maintained their forecasts for a deficit of 4.5% of GDP in FY2024/2025, but acknowledged the government and IMF targets could be revised in light of recent developments.

They said the Central Bank of Kenya was unlikely to begin cutting rates until the final quarter of this year.

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The Take: How is Argentina faring under Javier Milei?

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The Take: How is Argentina faring under Javier Milei?

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Argentina’s lower house votes on Javier Milei’s package of economic reforms. How will this affect ordinary Argentinians?

 

Argentina’s lower legislative house is set to approve President Javier Milei’s package of economic reforms. Despite signs of economic improvement on the macro level, the consequences of Milei’s spending cuts for the average person have been profound. How have everyday Argentinians been faring under Javier Milei?

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In this episode: 

  • Teresa Bo (@TeresaBo), Al Jazeera correspondent

Episode credits:

This episode was produced by Tamara Khandaker, Chloe K. Li, and Sonia Bhagat with Amy Walters, Duha Mosaad, Manahil Naveed, Veronique Eshaya, and our host Malika Bilal.

Our sound designer is Alex Roldan. Our lead of audience development and engagement is Aya Elmileik. Munera Al Dosari and Adam Abou-Gad are our engagement producers.

Alexandra Locke is The Take’s executive producer, and Ney Alvarez is Al Jazeera’s head of audio.

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