The Swiss Federal Council said on Monday that after Venezuelan President Nicolas Maduro was captured by the US military and sent to the US, Switzerland has frozen all assets held by Maduro and his cronies in Switzerland. The measure took effect immediately and is valid for four years to prevent the outflow of potentially illegal assets. This is in addition to the existing sanctions imposed by Switzerland on Venezuela since 2018. The Swiss side stated that the asset freeze does not affect current members of the Venezuelan government, and that if any illegally obtained funds are discovered, Switzerland will seek to return them to benefit the Venezuelan people.

The Swiss Federal Council said on Monday that after Venezuelan President Nicolas Maduro was captured by the US military and sent to the US, Switzerland has frozen all assets held by Maduro and his cronies in Switzerland. The measure took effect immediately and is valid for four years to prevent the outflow of potentially illegal assets. This is in addition to the existing sanctions imposed by Switzerland on Venezuela since 2018. The Swiss side stated that the asset freeze does not affect current members of the Venezuelan government, and that if any illegally obtained funds are discovered, Switzerland will seek to return them to benefit the Venezuelan people.