An internal investigation at the World Economic Forum (WEF) has found that founder Klaus Schwab engaged in unauthorized spending, workplace misconduct, and inappropriate behavior toward female staff.
The probe also alleges Schwab manipulated WEF research data, including rankings, to serve political interests such as discrediting Brexit. Schwab and his wife reportedly benefited from over $1 million in questionable travel expenses. Schwab has denied all allegations, claiming the accusations are false and criticizing the WEF board's handling of the investigation.
The scandal has raised serious concerns about the WEF's credibility, governance, and the integrity of its global influence.
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