World Economic Forum (WEF) founder Klaus Schwab has filed a criminal complaint against the whistleblowers who had anonymously alleged misconduct by him, the Financial Times reported on Thursday (May 29, 2025), citing an interview with Mr. Schwab.

The Forum had launched an investigation in April into Mr. Schwab following a whistleblower letter alleging misconduct by him, only a day after the 87-year-old Mr. Schwab said he was resigning as chairman without stating a reason. Mr. Schwab told the FT that he would fight the "stupid and constructed" allegations, adding that his lawyers had filed a complaint for defamation and coercion with the public prosecutor in Geneva.

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WEF, whose annual gathering of business and political leaders in the Swiss mountain resort of Davos has become a symbol of globalisation, did not immediately respond to a Reuters request for comment. Mr. Schwab could not be immediately reached. There was no immediate response from the Geneva prosecutor's office.

The FT report said the WEF had declined to comment on Mr. Schwab’s legal action, saying it was “a matter apparently directed privately against unknown whistleblowers”.

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"We will have this public prosecutor investigation now, we don't know how aggressive they will be," Mr. Schwab said. "If they find a systemic attempt to undermine my reputation, this won’t be comfortable for the board."...

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