<p>Toronto: Frank Stronach, founder of Canada's Magna International Inc, was arrested and charged with five criminal offenses including sexual assault and rape on Friday, local Canadian police officials said in a statement.</p>.<p>Stronach, 91, was arrested from the elite Toronto suburb of Aurora. The Peel Regional Police said the alleged sexual assaults spanned from the 1980s to 2023.</p>.<p>A lawyer representing Stronach said he "categorically denies" all allegations that have been brought against him.</p>.<p>"He looks forward to the opportunity to fully respond to the charges and to maintain his legacy as a philanthropist and as an icon of the Canadian business community," said Brian Greenspan, the lawyer representing Stronach.</p>.Sean Combs accused of sexual assault in new lawsuit.<p>Stronach has been released on conditions and will appear at the Ontario Court of Justice in Brampton at a later date, the police said in the statement.</p>.<p>Magna, an auto component manufacturer, said it had no knowledge of the investigation or the allegations that have been raised beyond what has been reported in the media.</p>.<p>"Stronach has had no affiliation with Magna since he is relinquishing control in 2010," the company said in an email.</p>.<p>Magna has a market capitalisation of C$17.23 billion ($12.52 billion).</p>.<p>"Police are appealing to members of the public to come forward if they have any relevant information," the Peel Regional Police said in a statement. </p><p>($1 = 1.3764 Canadian dollars)</p>
<p>Toronto: Frank Stronach, founder of Canada's Magna International Inc, was arrested and charged with five criminal offenses including sexual assault and rape on Friday, local Canadian police officials said in a statement.</p>.<p>Stronach, 91, was arrested from the elite Toronto suburb of Aurora. The Peel Regional Police said the alleged sexual assaults spanned from the 1980s to 2023.</p>.<p>A lawyer representing Stronach said he "categorically denies" all allegations that have been brought against him.</p>.<p>"He looks forward to the opportunity to fully respond to the charges and to maintain his legacy as a philanthropist and as an icon of the Canadian business community," said Brian Greenspan, the lawyer representing Stronach.</p>.Sean Combs accused of sexual assault in new lawsuit.<p>Stronach has been released on conditions and will appear at the Ontario Court of Justice in Brampton at a later date, the police said in the statement.</p>.<p>Magna, an auto component manufacturer, said it had no knowledge of the investigation or the allegations that have been raised beyond what has been reported in the media.</p>.<p>"Stronach has had no affiliation with Magna since he is relinquishing control in 2010," the company said in an email.</p>.<p>Magna has a market capitalisation of C$17.23 billion ($12.52 billion).</p>.<p>"Police are appealing to members of the public to come forward if they have any relevant information," the Peel Regional Police said in a statement. </p><p>($1 = 1.3764 Canadian dollars)</p>