Klaus Schwab quits amid WEF-funded POSH PERKS SCANDAL
A formal investigation has been launched against Klaus #Schwab, founder of the World Economic Forum in #Davos, following a whistleblower’s claims that Schwab misappropriated #WEF funds, according to the Wall Street Journal.
Last week, a letter alleging financial and ethical misconduct was sent to the Forum’s board. The document accuses Schwab of several incidents of misconduct, including:
1️⃣Having junior staff make ATM cash withdrawals on his behalf
2️⃣Billing the Forum for private in-room hotel massages
3️⃣Arranging token meetings through his wife to justify luxury vacations financed by the organization
Schwab, who transformed Davos into a global platform for economic discussion, has stepped down as Chairman. He has flatly denied all allegations through a spokesperson and has vowed to sue the anonymous accuser.
A formal investigation has been launched against Klaus #Schwab, founder of the World Economic Forum in #Davos, following a whistleblower’s claims that Schwab misappropriated #WEF funds, according to the Wall Street Journal.
Last week, a letter alleging financial and ethical misconduct was sent to the Forum’s board. The document accuses Schwab of several incidents of misconduct, including:
1️⃣Having junior staff make ATM cash withdrawals on his behalf
2️⃣Billing the Forum for private in-room hotel massages
3️⃣Arranging token meetings through his wife to justify luxury vacations financed by the organization
Schwab, who transformed Davos into a global platform for economic discussion, has stepped down as Chairman. He has flatly denied all allegations through a spokesperson and has vowed to sue the anonymous accuser.
Klaus Schwab quits amid WEF-funded POSH PERKS SCANDAL
A formal investigation has been launched against Klaus #Schwab, founder of the World Economic Forum in #Davos, following a whistleblower’s claims that Schwab misappropriated #WEF funds, according to the Wall Street Journal.
Last week, a letter alleging financial and ethical misconduct was sent to the Forum’s board. The document accuses Schwab of several incidents of misconduct, including:
1️⃣Having junior staff make ATM cash withdrawals on his behalf
2️⃣Billing the Forum for private in-room hotel massages
3️⃣Arranging token meetings through his wife to justify luxury vacations financed by the organization
Schwab, who transformed Davos into a global platform for economic discussion, has stepped down as Chairman. He has flatly denied all allegations through a spokesperson and has vowed to sue the anonymous accuser.
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