Friday, April 25, 2025

WEF’s Klaus Schwab and his wife Hilde under investigation for ethical and financial MISCONDUCT

 Klaus Schwab, founder of the World Economic Forum (WEF), and his wife Hilde are under investigation for alleged financial and ethical misconduct involving WEF funds.

1. Allegations:

• A whistleblower letter claims that the Schwabs misused WEF funds for personal luxuries, such as billing luxury trips and private massages to the organization.

• The letter also accuses Klaus Schwab of instructing junior staff to withdraw cash on his behalf.

2. Response from Schwab:

• Klaus Schwab denies the allegations, stating that personal expenses were reimbursed.

• He plans to take legal action against those spreading what he calls "mistruths. "

3. Board Reaction:

• Following these claims, the WEF's board held an emergency meeting and voted to open an independent investigation.

• Klaus Schwab retired as WEF chairman "with immediate effect" on April 21, ending his over 50-year leadership.

4. Interim Leadership:

• Peter Brabeck-Letmathe, former CEO of Nestlé and a controversial figure, has taken over interim leadership.

5. Continued Influence of WEF:

• Critics believe that despite Schwab's departure, the WEF will continue its technocratic agenda, particularly the "Great Reset," aiming for global governance through economic restructuring.

6. Previous Allegations:

• The investigation follows earlier complaints regarding workplace culture, including discrimination against women and Black employees.

Klaus Schwab's resignation marks a significant change for the WEF amid serious allegations of misconduct. The investigation's outcome may influence the organization's future, but analysts predict that its foundational goals will remain unchanged.

https://www.naturalnews.com/2025-04-25-klaus-hilde-schwab-under-investigation-for-misconduct.html

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