The World Economic Forum (WEF) and its founder Klaus Schwab are facing a major scandal after an internal investigation found evidence of workplace misconduct, unauthorized spending, and inappropriate behavior, including towards female employees.
Schwab is also accused of manipulating WEF research data to serve political interests, such as allegedly rigging reports to make Brexit appear as a failure. The probe revealed questionable expenses, including over $1 million in luxury travel, and a pattern of bullying and harassment. Schwab has denied all allegations, claiming the board breached agreements and that the accusations are false.
The scandal has sparked concerns over WEF's credibility, governance, and the legitimacy of its influence on global policy.
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