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 over $1 million in questionable travel expenses and sent inappropriate communications to female staff. The probe also claims the WEF rigged competitiveness reports to discredit Brexit, raising concerns about the organization's credibility and governance. Schwab has denied all allegations, accusing the WEF board of breaching confidentiality agreements.
The scandal has sparked a crisis of trust in the WEF's leadership and its role in global policy discussions.
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