An internal investigation at the World Economic Forum (WEF) has found that its founder, Klaus Schwab, engaged in unauthorized spending, inappropriate workplace behavior, and manipulated research data for political purposes.
Schwab and his wife reportedly billed over $1 million in questionable travel expenses and sent inappropriate communications to female staffers. The probe also alleges that WEF data was rigged to undermine Brexit, raising concerns about the organization's credibility and the legitimacy of its ESG framework. Schwab has denied all allegations, claiming the accusations are false and criticizing the WEF board's handling of the investigation.
The scandal has sparked a crisis of trust in the WEF and renewed scrutiny of elite influence in global affairs.
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