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Home » Blog » WEF Investigating Founder Klaus Schwab over Corruption Allegations
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WEF Investigating Founder Klaus Schwab over Corruption Allegations

Benjamin ScottBy Benjamin ScottApril 23, 2025
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According to the reports, the founder of the World Economic Forum (Wef) and former executive president Klaus Schwab is being investigated by the organization that began after a complainant letter made a series of spooky accusations that the octogenarian and other family members.

Alleged financial and ethical misconduct by the globalist leader of a lifetime and his wife, all of which he denies, including the alleged use of luxury and travel properties, are in the Quid of claims, which are made public for the first time by the Wall Street Journal.

The accusation letter also claimed that the members of the Schwab family mixed personal issues with the resources of the WEF without adequate supervision, according to the WSJ.

The announcement of the investigation came just 24 hours after the former German academic resigned without any reason, as Breitbart News reported.

Schwab, 87, resigned as president or at the Wef Trustees Board with immediate effect on Sunday. His departure was confirmed in an extraordinary meeting in which Wef Trustes discussed the new statements against him as revealed in what the organization called a “letter of complainants.”

The trusts unanimously supported the decision to call legal advisors, said the Wef. “This decision was made after consulting with external legal advisor and in line with the fiduciary responsibilities of the forum,” he added.

He Financial Times Establish some of the problems that will be addressed now:

The new statements are presented at the top of others last year alleging that Schwab presided over a toxic culture in the workplace where sexual harassment was not investigated in a ferina and black and female workers were discriminated.

In March, Wef informed the sponsors that the previous investigation “did not find that the forum had committed any legal violation” and “did not corroborate” the accusations of misconduct against him.

The letter, which is said to be sent by the current and previous Wef staff, “included accusations that Klaus Schwab asked Junior employees to withdraw thousands of ATMs from ATMs in the new WSJThat he said he had seen the letter and spoken with people familiar with the case, by AFP.

“He also claimed that his wife Hilde, a former forum employee, scheduled meetings financed by the ‘Token’ forum to justify luxury vacation trips at the expense of the organization,” said the newspaper.

Klaus Schwab, Executive President of the World Economic Forum attends the Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, on January 21, 2025. (Halil Sagirkaya/Anadolu through Getty Images)

And the letter, according to reports, issued concerns about how Schwab treated employees, and how their leadership of decades allegedly allowed cases of sexual harassment and discriminatory behavior not to be controlled.

A Schwab spokesman told the WSJ Each accusation was false, the organization was always reimbursed by personal spending, and the Schwab family intended to file a lawsuit against those behind the Anonymous Charter.

Wef has said that Vice President Peter Brabeck-Letathe will serve as an interim president, since a search committee seeks a permanent replacement for Schwab.

Follow Simon Kent on Twitter: Follow @sunsimonkent or email to: skent@breitbart.com

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