Reuters: Switzerland has frozen all assets held by Maduro and his associates in Switzerland

Jan 05, 2026 20:35:06

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According to Reuters, the Swiss Federal Council stated on Monday that following the capture of Venezuelan President Maduro by the U.S. military and his transfer to the United States, Switzerland has frozen all assets held by Maduro and his associates in Switzerland. This measure takes immediate effect and is valid for four years, aimed at preventing potential illegal asset outflows. It also serves as a complement to the existing sanctions Switzerland has imposed on Venezuela since 2018.

The Swiss authorities stated that the asset freeze does not affect members of the current Venezuelan government and noted that if any illegally obtained funds are discovered, Switzerland will seek to return them for the benefit of the Venezuelan people.

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