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 allegedly billed the organization for over $1 million in questionable travel expenses and sent inappropriate communications to female staff. The probe also claims that WEF data was rigged to portray Brexit negatively, raising concerns about the organization's credibility and impartiality. Schwab has denied all allegations, but the scandal has sparked a crisis of confidence in the WEF's leadership and its commitment to ethical governance.
The controversy has intensified scrutiny of elite influence and transparency at global institutions.
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