The forum received an anonymous whistleblower letter last week alleging that Schwab and his wife had misused the organisation's funds for personal massages and luxury travel. This follows a similar letter last year that alleged toxic workplace culture at the forum and led to a board-sponsored probe.

Klaus Schwab, founder of the World Economic Forum, stepped down from his role as chair over the Easter weekend, days before damaging whistleblower allegations triggered an emergency investigation by the organization’s board.