Klaus Schwab, the founder of the World Economic Forum (WEF), is at the center of a major scandal following an internal investigation that found evidence of workplace misconduct, unauthorized spending, and inappropriate behavior, particularly toward female staff. The probe also alleges that Schwab manipulated WEF research data to serve political interests, including making Brexit appear less successful. Schwab and his wife reportedly benefited from over $1 million in questionable travel expenses. Schwab has denied all allegations, but the controversy has sparked a crisis of credibility for the WEF and raised concerns about its governance and influence. The scandal has intensified scrutiny of elite organizations and their role in shaping global narratives.
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