WEF Launches Internal Probe into Klaus Schwab Over Misconduct Allegations

An internal investigation by the World Economic Forum (WEF) has reportedly found that founder Klaus Schwab engaged in a pattern of workplace misconduct, according to a report by The Wall Street Journal.

The probe uncovered allegations of inappropriate behavior and unauthorized spending by Schwab and his wife. These findings have raised serious concerns about governance and financial oversight within the organization, which is known for hosting the annual Davos summit attended by global leaders and corporate executives.

While the WEF has not yet issued a formal public statement regarding the outcome of the investigation, internal sources cited by the WSJ suggest mounting pressure on the organization to respond.

The future role of Schwab, who has led the forum since its founding in 1971, is now in question as scrutiny increases both internally and publicly.