Switzerland Freezes Assets Of Venezuelan President Nicolás Maduro And Close Allies

Switzerland has frozen all financial assets in the country belonging to Venezuelan President Nicolás Maduro, extending the measure to include his closest associates, the Swiss government announced on Monday.

The authorities said the move is designed to prevent the transfer or withdrawal of these funds from Switzerland.

They also noted that if the assets are found to have been acquired through illegal activities, the money will be used to benefit the people of Venezuela.

The Swiss Foreign Ministry in Bern has not provided details on whether Maduro currently holds assets in Switzerland, nor have they disclosed the potential value of any frozen funds.