WEF Probe Reportedly Found Klaus Schwab Engaged In Unauthorized Spending, Inappropriate Behaviour

An internal World Economic Forum investigation has found that founder Klaus Schwab engaged in unauthorized spending and inappropriate workplace conduct over the past decade, according to preliminary findings reviewed by the board.

The probe—run by Zurich law firm Homburger after an April 2025 whistleblower complaint—details roughly $1.1 million in questionable expenses submitted by Schwab and his wife, plus personal use of WEF resources.

Investigators also describe bullying and “inappropriate behavior” toward female staff and a workplace culture that disadvantaged women and minorities. The said whistleblower reportedly has evidence that Schwab wrote, “Do you feel that I am thinking of you,” in a June 2020 email to a senior female executive.

Beyond HR issues, the report cites evidence Schwab interfered with marquee WEF publications for political ends, including country rankings used by governments and investors.

Schwab rejects the claims. “I am in a position to refute all the accusations brought up against me,” he said, accusing the board of breaking a media gag agreement tied to the inquiry.

He has filed a criminal complaint in Switzerland for defamation and coercion and says neither he nor his wife acted for “financial motivation.”

The WEF is holding comment until the final report arrives, expected by August, and has hinted the findings could be sent to authorities.


Information for this briefing was found via The Wall Street Journal and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. Put Klaus in charge of your finances and you’ll own nothing and be happy. Well, maybe that happy part is a bit of a stretch…

Video Articles

Why This Gold Run Could Be Bigger | Roger Rosmus – Goliath Resources

Majors Don’t Want to Be Left Out of This Gold Run | Mike Bennett – Altamira Gold Corp

Gold Isn’t Slowing Down Anytime Soon!? | Terry Lynch – Power Metallic

Recommended

Sage Potash Outlines US$502 Million NPV For Flagship Sage Plains Project

Ontario MPP Removed From Caucus After Assault Charges

Related News

World Economic Forum Founder Klaus Schwab to Step Down

Klaus Schwab, the founder and executive chairman of the World Economic Forum (WEF), announced his...

Tuesday, May 21, 2024, 09:48:51 AM

Chrystia Freeland Meets with Global Elites in Davos This Week

This week Chrystia Freeland will be heading to Davos to meet with various global leaders...

Sunday, January 15, 2023, 11:58:16 AM

Norwegian Wealth Fund Wants US Corporations To Focus on ESG Investing

Norges Bank Investment Management, Norway’s sovereign wealth fund and the largest in the world, thinks...

Tuesday, January 24, 2023, 06:20:00 AM

World Economic Forum Propels Demand for Sex Work in Davos

World leaders, business tycoons, economists, celebrities, journalists, activists, and critics aren’t the only ones hard...

Thursday, January 19, 2023, 03:11:00 PM

Tory MP On Canada Signing A World Economic Forum Charter: “Why The Secrecy?”

As the World Economic Forum (WEF) prepares to wind down its annual meeting in Davos,...

Friday, January 20, 2023, 11:27:00 AM