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. The probe also alleges that Schwab manipulated WEF research data to discredit Brexit, raising concerns about the organization's impartiality. Schwab and his wife reportedly benefited from over $1 million in questionable travel expenses, while whistleblowers accused him of bullying and suggestive remarks. The scandal has sparked a crisis of credibility for the WEF, especially regarding its ESG and governance standards. Schwab has denied all allegations, but the controversy has intensified scrutiny of elite influence and transparency at the influential Davos summit.
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