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 staff. The probe also alleges that WEF data was rigged to undermine Brexit, raising concerns about the organization's credibility and impartiality. Schwab has denied all allegations, accusing the WEF board of breaching confidentiality agreements.
The scandal has sparked a crisis of confidence in the WEF's leadership and its role in global governance.
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