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Klaus Schwab, founder of the World Economic Forum (WEF), resigned as chair on April 21, 2025, stating he was entering his 88th year. Following his resignation, allegations of financial and ethical misconduct surfaced, including misuse of WEF funds for personal expenses and improper employee treatment. After receiving a whistleblower letter, the WEF launched an independent investigation into these claims, which was supported unanimously by its board.
The controversy surrounding the Archbishop's resignation stems from the Makin Report, an independent review that scrutinised the Church of England's handling of abuse allegations. The report specifically criticised Welby for his failure to act decisively in reporting the abuses.
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