Magna Chairman Frank Stronach speaks at his final AGM in Markham, Ont., on May 4, 2011.Photo by Frank Gunn/The Canadian Press

Magna reviewing records related to Stronach, as billionaire businessman faces new charges

Stronach faces sexual assault charges in connection with alleged incidents that date as far back as 1977

· National Post

TORONTO – Magna International Inc. says it has launched a targeted review of its historical records in response to sexual assault charges against founder Frank Stronach.

Magna spokeswoman Tracy Fuerst says the review process is complicated because of the passage of time.

Fuerst says that if 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.

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