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Switzerland freezes assets of Maduro and people close to him

2026-01-05 15:50:00, Kosova & Bota CNA

Switzerland freezes assets of Maduro and people close to him

The Swiss government has frozen any assets held in Switzerland by ousted Venezuelan President Nicolas Maduro and people close to him.

The order aims to ensure that potentially illegally acquired assets cannot be transferred outside Switzerland, the Swiss government said in a statement. The freeze takes effect immediately and will remain in effect for four years, until further notice.

The Swiss Foreign Ministry did not provide details on how many assets linked to Maduro are held in Switzerland. The asset freeze comes as Maduro's loss of power creates the possibility that Venezuela could initiate future legal aid proceedings regarding ill-gotten wealth.

US troops arrested Venezuelan leader Maduro in a raid that sent shockwaves around the world and highlighted divisions between governments.

"Switzerland has called for a reduction in tensions, restraint and respect for international law, including the prohibition of the use of force and the principle of respect for territorial integrity," the foreign ministry said in a post on "X" on Saturday. /CNA





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