Switzerland has frozen all assets held in Switzerland by Maduro and his inner circle

By: theblockbeats.news|2026/03/29 18:51:52

BlockBeats News, January 5th, the Swiss Federal Council stated on Monday that following the capture of Venezuelan President Maduro by the US military and his extradition to the United States, Switzerland has frozen all assets held in Switzerland by Maduro and his inner circle. This measure took immediate effect, is valid for four years, and aims to prevent potential illegal asset outflow. This is also a supplement to the existing sanctions that Switzerland has imposed on Venezuela since 2018.

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

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