PETER KOENIG
The former Chairman of the World Economic Forum (WEF), Klaus Schwab, has been cleared of all wrongdoing, an “independent” investigation has found, except for “minor expense irregularities”, they say.
You may recall, last April, a whistleblower accused Klaus Schwab of workplace misconduct and mishandling travel expenses in the amount of at least US$ 1 million. The Wall Street Journal (WSJ) as well as the Financial Times (FT) have earlier made similar allegations.
In April, the WSJ revealed that an anonymous letter had been sent to the WEF Board of Trustees, accusing Schwab and his wife Hilde of “mixing their personal affairs with Forum resources without proper oversight.”
Swiss Authorities, hosts, supporters and co-sponsors of the WEF reminded the Forum’s Board of Trustees to legally probe the case. In an emergency meeting last Easter, the Board decided to launch an investigation and that Schwab had to resign, effective immediately from all charges linking him to the WEF. Schwab was prohibited from entering WEF territory until the investigation was concluded. See this.
The Board of Trustees had asked an “independent” and “reputable” Swiss international law firm, Homburger, in Zurich, to carry out the investigation following the anonymous allegations.
A legitimate question to ask would be, how “independent” is a law firm when it is hired and paid for by the very Board of the organization whose reputation is at stake through alleged misconduct in the workplace and embezzlement of funds by their former CEO?
To the normal person, this smells like a humongous conflict of interest.
Well, the result was predictable. Schwab was absolved of any serious wrongdoing. His reputation and that of the WEF was re-established and reinstated, so the WEF can continue its shady business of directing the world towards its major objectives, massive depopulation, and into the 4th Industrial Revolution, meaning digitizing EVERYTHING, including robotizing and trans-humanizing the remaining humanity.
Remember WEF’s support – if not directing together with the UN – of WHO in their globalization of the worldwide Covid fraud, an international crime of never-before-seen proportions.
The WEF is executing orders of the globalist financial giants and puppet masters behind the curtain.
The Board’s interim chairman, Peter Brabeck-Letmathe, a former chief executive of Nestlé, appointed last April immediately after Schwab’s clearance of wrongdoing, resigned after a meeting of trustees a few days before the “independent” lawyer’s results were published.
In his letter of resignation, Brabeck, who was one of the driving forces to investigate the allegations of Schwab’s misconduct, he referred to a “toxic” work environment, precisely what the WSJ said months earlier. Brabeck may have been one of the few Board members who did not agree with the “independent findings.”
Whether this “toxic” environment, especially gender discriminatory and with sexual harassment against women, will now stop, remains to be seen.
The new interim co-chairs are Larry Fink, Chairman of BlackRock, the world’s largest asset management firm and one of the WEF’s key sponsors, and André Hoffmann, a multi-billionaire and grandson of former Hoffmann-LaRoche’s, the pharma-giant’s co-founder. Both are members of WEF’s Board of Trustees. See this for more details.
The new co-chairs pledge taking the WEF into a new direction to re-inspire trust of the international corporate and financial world.
What role behind the scenes and decision-making power newly-absolved Klaus Schwab will play remains to be seen, if ever it will be seen. Schwab, the founder of the organization in 1971, given his exuberant ego, will hardly let go and stay aside. The not-guilty verdict might give him new strength to push for a new WEF according to his self-absorbed personality.
No matter what, Davos must go on.
Click the share button below to email/forward this article. Follow us on Instagram and X and subscribe to our Telegram Channel. Feel free to repost Global Research articles with proper attribution.
Peter Koenig is a geopolitical analyst, regular author for Global Research, and a former Economist at the World Bank and the World Health Organization (WHO), where he worked for over 30 years around the world. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed; and co-author of Cynthia McKinney’s book “When China Sneezes: From the Coronavirus Lockdown to the Global Politico-Economic Crisis” (Clarity Press – November 1, 2020).
Peter is a Research Associate of the Centre for Research on Globalization (CRG). He is also a non-resident Senior Fellow of the Chongyang Institute of Renmin University, Beijing.
Featured image source
This article (World Economic Forum’s Former CEO Klaus Schwab “Cleared of Wrongdoing”. Peter Koenig) was created and published by Global Research and is republished here under “Fair Use” with attribution to the author Peter Koenig
••••
The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)
••••
Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.
••••
Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.
••••
Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.
Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of The Liberty Beacon Project.
Leave a Reply