The World Economic Forum-Globalist Body that hosted his annual gathering of elite in Davos, Switzerland-is supporting an independent investigation on the whisle-bloker charges brought against his founder, Klaouse Schwab, Fox News Digital.
The complaint of whistleblower was first reported Wall Street Journal Early effective on Tuesday, a day after the 87 -year -old Schwab, as the chairman and a member of the trustee board.
According to the Journal, an anonymous whistleblower gave a letter to the board – which included former vice -president Al Gor, Jordan’s Queen Rania and European Central Bank President Christine Lagarde, including a member – Schwab and his wife, Hilde, of financial and moral misconduct by Hilde. Claims included that Schwab allegedly exploited subordinates to the subordinates to extract thousands of dollars from ATMs and used WeF funds to pay for private, in-room massage in hotels.
World Economic Forum founder Klaus Schwab steps down from the Board of Globalist Body
The founder of the World Economic Forum (WEF), Klaus Schwab speaks at the annual meeting of the World Economic Forum on Tuesday, January 21, 2025, Davos, Switzerland, Switzerland. (AP Photo/Marcus Shreeber, File)
The letter also allegedly accused his wife, a former WEF employee, arranged for the “tokens” funds funded by the forum to rationalize the luxury holiday journey on the organization’s tab.
A spokesperson of the Schwab family denied all the allegations about luxury trip and withdrawal of money, stating that Claus Schwab would always pay the stage for any massage charged in hotels while traveling. The spokesperson also told The Journal that the family’s plan was responsible for the whistle-blower letter and “whoever spreads these misconceptions, plans to file a case against them.”
The journal said that the board on Easter Sunday convened an emergency meeting about CT-Blower allegations, which to consider the curriculum of action.
The WEF said in a statement received by Fox News Digital, “The trusted board of the World Economic Forum unanimously supported the Audit and Risk Committee’s decision to start an independent investigation after a whistleblower letter against former chairman Claus Schwab. “This decision was taken after consulting with the external legal lawyer and the forum’s fidukari responsibilities.”
“The investigation will be led by the Audit and Risk Committee with the support of independent legal experts,” the statement continued. “The committee will move fast to determine its procedures and parameters and share its progress with the board. While the stage takes these allegations seriously, it emphasizes that they are unproven, and will wait for the result of the investigation to further comment.”
President Donald Trump during his address by a video conference at the annual meeting of the World Economic Forum (WEF) in Davos on 23 January 2025. (Fabris Cofrini/AFP via Getty Image)
Trump’s Davos comments meet controversial controversies
“Under the continuous leadership of Peter Brabc-Lelemate interim president and President and CEO Borge Brende, the stage is completely committed to its missions and responsibilities.”
In announcing the departure of Schwab on Monday, WEF stated that its board “accepted the excellent achievements of Schwab” Schwab.
“He created a leading global platform for dialogue and progress, and the board thanked his 55 -year tireless leadership at the top of the stage,” WEF said in a statement. “At a time when the world is undergoing rapid changes, the need for an inclusive dialogue to navigate the complexity and shape the future has never been more important. The trustees of the World Economic Forum underlines the importance of remaining in their mission and fulfills values as a feature of progress.
The participants followed Donald Trump’s speech during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland on 23 January 2025. (Halile Sagirkaya/Anadolu Getty Image)
The annual meeting in Davos over the years has brought top trade officials, government leaders, academics, international organizations, cultural data, sports legends and celebrities together to negotiate world economic affairs.
President Donald Trump addressed the meeting of Davos from a distance in January three days after his inauguration.
Get Fox Business when you click here
Trump said, “What the world has seen in the last 72 hours is nothing short of a revolution of general knowledge,” Trump said, talking about its plan to start a “golden age” for the US. “Our country will soon be strong, rich and more united than ever, and as a result of this incredible speed, the entire planet will be more peaceful and prosperous and what we are doing and what we are going to do.”
