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Davos founder Klaus Schwab launches criminal complaint against accusers

World Economic Forum’s ousted leader files for defamation after ‘stupid and constructed’ whistleblower allegations

World Economic Forum founder Klaus Schwab has launched a criminal complaint against the whistleblowers whose accusations led to his ousting, as he steps up a campaign to clear his name of alleged impropriety at the organisation he led for more than half a century.

Schwab, who established the WEF in 1971, stepped down last month after its board launched a probe into his conduct following an anonymous letter that claimed he had received inappropriate financial benefits, manipulated research and mishandled sexual harassment cases.

The authors threatened to go public with their accusations if Schwab remained in his role as chair of the forum’s board of trustees.

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