World Economic Forum greenlights new investigation into whistleblower claims against founder Klaus Schwab

The World Economic Forum – the globalist assemblage that hosts its yearly gathering of elites successful Davos, Switzerland – is supporting an autarkic probe into whistle-blower allegations brought against its founder, Klaus Schwab, Fox News Digital has confirmed. 

The whistleblower ailment was archetypal reported by the Wall Street Journal connected Tuesday, a time aft Schwab, 87, stepped down arsenic president and arsenic a subordinate of the Board of Trustees, effectual immediately. 

According to the Journal, an anonymous whistleblower penned a missive to the committee – which includes erstwhile Vice President Al Gore, Jordan's Queen Rania and European Central Bank President Christine Lagarde arsenic members – alleging fiscal and ethical misconduct by Schwab and his wife, Hilde. The claims included that Schwab allegedly tapped subordinates to retreat thousands of dollars from ATMs connected his behalf and utilized WEF funds to wage for private, in-room massages astatine hotels. 

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World Economic Forum (WEF) laminitis Klaus Schwab speaks astatine the Annual Meeting of World Economic Forum successful Davos, Switzerland, connected Tuesday, Jan. 21, 2025.  (AP Photo/Markus Schreiber, file)

The missive reportedly besides alleged his wife, a erstwhile WEF staffer, arranged "token" meetings funded by the forum to rationalize luxury vacation question connected the organization's tab. 

A spokesperson for the Schwab household denied each allegations astir luxury question and withdrawing money, telling the Journal that Klaus Schwab would ever wage the forum backmost for immoderate massages charged to hotels portion traveling. The spokesperson besides told the Journal that the household plans to record a suit against whoever was liable for the whistle-blower missive and "anybody who spreads these mistruths." 

The Journal reported that the committee convened an exigency gathering connected Easter Sunday astir the whistle-blower allegations to see a people of action. 

"The Board of Trustees of the World Economic Forum unanimously supported the Audit and Risk Committee’s determination to initiate an autarkic probe pursuing a whistleblower missive containing allegations against erstwhile Chairman Klaus Schwab," the WEF said successful a connection obtained by Fox News Digital. "This determination was made aft consultation with outer ineligible counsel and successful enactment with the Forum’s fiduciary responsibilities." 

"The probe volition beryllium led by the Audit and Risk Committee with the enactment of autarkic ineligible experts," the connection continued. "The Committee volition determination expediently to find its processes and parameters and volition stock its advancement with the Board. While the Forum takes these allegations seriously, it emphasizes that they stay unproven, and volition await the result of the probe to remark further."

President Donald Trump during his code by video league astatine the World Economic Forum (WEF) yearly gathering successful Davos connected Jan. 23, 2025.  (FABRICE COFFRINI/AFP via Getty Images)

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"Under the interim chairmanship of Peter Brabeck-Letmathe and the continued enactment of President and CEO Børge Brende, the Forum remains afloat committed to its ngo and responsibilities." 

In announcing Schwab's departure connected Monday, WEF said its committee "acknowledged the outstanding achievements of the retired" Schwab. 

"He created the starring planetary level for dialog and progress, and the Board expressed its gratitude for his 55 years of relentless enactment astatine the helm of the Forum," the WEF said successful a statement. "At a clip erstwhile the satellite is undergoing accelerated transformation, the request for inclusive dialog to navigate complexity and signifier the aboriginal has ne'er been much critical. The Board of Trustees of the World Economic Forum underlines the value of remaining steadfast successful its ngo and values arsenic a facilitator of progress. Building connected its trusted role, the Forum volition proceed to bring unneurotic leaders from each sectors and regions to speech insights and foster collaboration." 

Participants travel Donald Trump's code during the 55th yearly gathering of the World Economic Forum (WEF) successful Davos, Switzerland connected Jan. 23, 2025.  (Halil Sagirkaya/Anadolu via Getty Images)

The yearly gathering successful Davos for years has brought unneurotic apical concern executives, authorities leaders, academics, planetary organizations, taste figures, sports legends and celebrities for conversations connected satellite economical affairs. 

President Donald Trump addressed the Davos gathering remotely successful January, conscionable 3 days aft his inauguration. 

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"What the satellite has witnessed successful the past 72 hours is thing little than a gyration of communal sense," Trump said, speaking of his program to statesman a "Golden Age" for America. "Our state volition soon beryllium stronger, wealthier and much agreed than ever before, and the full satellite volition beryllium much peaceful and prosperous arsenic a effect of this unthinkable momentum and what we're doing and going to do."