Switzerland announced Monday that it has frozen assets held in the country tied to Venezuelan President Nicolás Maduro and his associates following the US capture of the leader in Caracas.
“On 5 January 2026, the Federal Council decided to freeze any assets held in Switzerland by Nicolás Maduro and other persons associated with him with immediate effect,” the Swiss Federal Department of Foreign Affairs (FDFA) said.
The decision, which will remain in effect for four years, aims to prevent the transfer of assets amid concerns that the funds were acquired illegally through a regime long accused of widespread corruption, according to the agency.
The freeze does not apply to members of the current government, and Reuters reported that the order will affect 37 people.
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