The World Economic Forum says its board has given unanimous support for an independent investigation into allegations of misconduct by founder Klaus Schwab.

The World Economic Forum announced on Tuesday that it has launched an investigation into its founder, Klaus Schwab, following a whistleblower letter alleging misconduct by the former chairman. The announcement came a day after the 87-year-old Schwab said he was resigning as chairman,

Organization best known for elite Davos gathering launches independent investigation into Klaus Schwab — but stresses misconduct allegations “remain unproven.”