An internal investigation at the World Economic Forum (WEF) has found that its founder, Klaus Schwab, engaged in unauthorized spending, workplace misconduct, and inappropriate behavior toward female staff.
Schwab is also accused of manipulating WEF research data to politically influence perceptions, including allegedly rigging reports to make Brexit appear as a failure. The probe uncovered questionable travel expenses exceeding $1 million and a pattern of bullying and suggestive remarks. Schwab has denied all allegations, claiming the accusations are false and criticizing the WEF board for leaking details.
The scandal has raised serious concerns about the WEF's credibility, governance, and the integrity of its global influence.
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