Move comes after Schwab and his wife, Hilde, were reportedly accused of financial and ethical misconduct – which they deny
The World Economic Forum has launched an investigation into its founder, Klaus Schwab, after whistleblowers reportedly accused him of manipulating research, using company funds to pay for private massages, and asking junior staff to withdraw thousands of dollars on his behalf.
The allegations – reportedly sent last week in a letter to the WEF, which organises the annual gathering of economic leaders at Davos in Switzerland – accuse Schwab and his wife, Hilde, of financial and ethical misconduct, which the family has denied.
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