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Switzerland freezes assets linked to Venezuela's Maduro after US arrest
Swiss authorities froze assets linked to Nicolás Maduro and associates for four years to block illicit transfers and enable future restitution to Venezuela, under the 2018 sanctions.
- On January 5, 2026, the Swiss government announced a precautionary asset freeze on any assets held in Switzerland by Venezuelan President Nicolás Maduro and his associates, effective immediately.
- Following the US operation that seized Maduro, Bern said the loss of power enables Venezuela to initiate legal‑assistance proceedings, and Swiss officials cited the loss of power as decisive.
- Under the FIAA, Bern invoked emergency freezing powers under the Federal Act on the Freezing and the Restitution of Illicit Assets Held by Foreign Politically Exposed Persons, supplementing sanctions on Venezuela and targeting individuals not previously sanctioned in Switzerland.
- Swiss authorities said the freeze prevents transfers of suspect funds, excluding current Venezuelan government members, and intends to restitute assets to the Venezuelan people if proven illicit.
- Amid global reaction, Switzerland urged de‑escalation and offered its `good offices`, calling for restraint and respect for international law while Swiss officials said lawfulness of loss of power is not decisive for the freeze.
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The Swiss government reported that the banks of that country frozen the accounts of Nicolás Maduro and his relatives for an initial period of four years.
·Mexico
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Swiss Government Seizes Maduro’s Assets to Redistribute to Venezuelan People
The Swiss federal government has announced that it has frozen “any assets held in Switzerland by Nicolás Maduro and other persons associated with him, with immediate effect.” The post Swiss Government Seizes Maduro’s Assets to Redistribute to Venezuelan People appeared first on Slay News.
·North Carolina, United States
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While the overthrown Venezuelan dictator has to stand trial in New York, his access to parked money is cut off in Switzerland. The government in Bern is blocking the accounts of 37 people from Maduro's area.
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Total News Sources129
Leaning Left9Leaning Right22Center10Last UpdatedBias Distribution54% Right
Bias Distribution
- 54% of the sources lean Right
54% Right
L 22%
C 24%
R 54%
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