On Monday, Jan. 5, 2026, the Swiss Federal Council announced that it has frozen all assets in the country held by Venezuela's Nicolás Maduro and his associates, effective immediately.
This sweeping decision locks bank accounts, real estate and other financial holdings, making them inaccessible as long as the freeze remains in place. Swiss authorities have not yet disclosed the total value of the frozen assets.
Switzerland is known for its long-standing policy of neutrality, but this move shows a growing willingness to use its robust financial system to address international challenges. For Venezuela, already grappling with economic hardship, losing access to funds abroad could deepen its crisis.
Observers say asset freezes serve as a powerful tool to pressure political figures by limiting their resources. It's a clear signal that the global community is watching closely.
Stay tuned for updates as this story unfolds 🌍🔒
Reference(s):
cgtn.com
