Klaus Schwab, founder of the World Economic Forum (WEF), is under fire after an internal investigation found evidence of workplace misconduct, unauthorized luxury spending, and inappropriate behavior toward female staff.
The probe also alleges that Schwab manipulated WEF research data to politically undermine Brexit, sparking outrage over elite interference in global affairs. Schwab has denied all allegations, claiming the accusations are false and criticizing the WEF board for breaching confidentiality. The scandal has raised serious questions about the WEF's credibility, governance, and the integrity of its global rankings.
The controversy threatens the reputation of the Davos summit and its role in international policy and business.
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