WEF founder Schwab is said to have put money into his own pocket-Diepresse.com

The founder of the Davos World Economic Forum had surprisingly resigned on Easter Sunday. That is why his successor has not yet been finally clarified. The Austrian manager currently heads Peter Brabeck-Letmathe The forum as an interim boss. The former Nestlé boss was previously deputy chairman of the board of trustees of the World Economic Forum (WEF), in which he has been active for 25 years.

Brabeck-Letmathe is considered a long-standing companion of Schwab and not only has to bring his successor to rail, but also also educate serious allegations.

Luxury trips at the expense of the World Economic Forum

Because in the meantime, new backgrounds come to light, which may have been decisive for Schwab’s departure. According to media reports, an anonymous letter at the board of trustees with serious allegations against the 87-year-old economist Schwab and his wife Hilde had received serious allegations last week. The US newspaper « Wall Street Journal » writes that the couple is accused of using WEF for personal concerns. Among other things, Schwab is said to have pressed that employees take off “thousands of dollars” in bar for him. His wife even had entire luxury trips billed over the economic forum.

« We are forced to publish a comprehensive report on the systematic failures in corporate management and abuse of power, which have taken place for many years under the uncontrolled authority of Klaus Schwab, » the newspaper quotes the letter, which was written by current and former employees of the forum.

These allegations were probably the reason for the priority of the extraordinary meeting for the holiday. There it was also decided to initiate an examination. Schwab had previously spoken out against an investigation and rejected the allegations. He also wanted to defend himself against it.