The World Economic Forum is investigating its founder and former chairman Klaus Schwab over whistleblower complaints of unethical conduct and misappropriating organization funds.
Schwab stepped down as chair and as a member of the board of trustees on Monday, just days after the board received an anonymous letter with allegations against Schwab and his wife, Hilde, according to The Wall Street Journal. Schwab had announced earlier this month that he planned to resign as the non-executive chairman of WEF by January of next year amid an investigation into the WEF’s workplace culture.
The earlier probe into WEF’s workplace culture also implicated Schwab, but the WEF said that the allegations against him were not substantiated. Schwab and his wife have denied all allegations against them in both probes.
The letter stated that it is from current and former employees of the WEF.
“We feel…
