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Switzerland Government Freezes Nicolas Maduro's Assets - Foreign Affairs - Nairaland

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Switzerland Government Freezes Nicolas Maduro's Assets by RaySimran(op): 3:13pm On Jan 05
Federal Council freezes any assets held in Switzerland by Nicolás Maduro

On 5 January 2026, the Federal Council decided to freeze any assets held in Switzerland by Nicolás Maduro and other persons associated with him with immediate effect. In doing so, the Federal Council aims to prevent an outflow of assets. The asset freeze does not affect members of the current Venezuelan government. Should future legal proceedings reveal that the funds were illicitly acquired, Switzerland will endeavour to ensure that they benefit the Venezuelan people. The asset freeze is in addition to the sanctions against Venezuela that have been in place since 2018 under the Embargo Act.

On 3 January 2026, Venezuelan President Nicolás Maduro was arrested by US forces in Caracas and flown to the United States. The situation is volatile, and several scenarios are possible in the coming days and weeks. Switzerland is closely monitoring the situation in Venezuela. It has called for de-escalation, restraint and compliance with international law, including the prohibition of the use of force and the principle of respect for territorial integrity. Switzerland has also repeatedly offered its good offices to all sides in order to find a peaceful solution to the situation.

The Federal Council wants to ensure that any illicitly acquired assets cannot be transferred out of Switzerland in the current situation. Under the Federal Act on the Freezing and the Restitution of Illicit Assets Held by Foreign Politically Exposed Persons (FIAA), it has therefore decided, as a precautionary measure, to freeze any assets held in Switzerland by Mr Maduro and other persons associated with him. The asset freeze does not affect any members of the current Venezuelan government.

This asset freeze issued in accordance with the FIAA is in addition to the existing sanctions against Venezuela under the Embargo Act, which have been in force since 2018 and also include asset freezes. The new asset freezes under the FIAA target individuals who have not previously been sanctioned in Switzerland. The reasons behind Mr Maduro's fall from power do not play a decisive role in asset freezes under the FIAA. Nor does the question of whether the fall from power occurred lawfully or in violation of international law. The decisive factor is that a fall from power has occurred and that it is now possible that the country of origin will initiate legal proceedings in the future with regard to illicitly acquired assets.

The asset freeze serves to enable any future mutual legal assistance proceedings. Should these reveal that the funds were illicitly acquired, Switzerland will endeavour to use them for the benefit of the Venezuelan people.

The asset freeze comes into force today with immediate effect and will remain valid for four years until further notice.
Source:https://www.news.admin.ch/en/newnsb/4mdMVbqPTwY-5XoVHeNVP

Re: Switzerland Government Freezes Nicolas Maduro's Assets by Sonnobax15(m): 3:50pm On Jan 05
lipsrsealed
True true failure no get friends at all angry

Ordinary hand fan wey Trump use blow small breeze,see as fowl nyash just open for ground..
Re: Switzerland Government Freezes Nicolas Maduro's Assets by kpankpangolo: 4:23pm On Jan 05
Believe this at your peril. The Swiss don’t care how you made money. Their job is to keep it tightly in their vaults. If this was true, they would have long frozen all of Abacha’s loot or returned them. Besides, these men have percentages of wealth which they hide under different names.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Khallicopyro: 4:37pm On Jan 05
Protecting his assets from the hyenas?
Re: Switzerland Government Freezes Nicolas Maduro's Assets by donleo92(m): 5:08pm On Jan 05
Ooooh boy!!!

People that like keeping their money in foreign countries should think twice...


This world powers can't be trusted
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Flangelo12: 5:09pm On Jan 05
This is to prevent any subpoena for release.

It's already under adjudication in Switzerland.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Denalarian: 5:09pm On Jan 05
This same swizz Abacha stashed his loot
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Ipisi(m): 5:09pm On Jan 05
People that like keeping their money in foreign countries should think twice...
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Ipisi(m): 5:10pm On Jan 05
Tinubu beware oooo

People that like keeping their money in foreign countries should think twice...
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Orlandoo(m): 5:10pm On Jan 05
Abacha and Malami loot looking at you with failures.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by ufotunang: 5:11pm On Jan 05
kpankpangolo:
Believe this at your peril. The Swiss don’t care how you made money. Their job is to keep it tightly in their vaults. If this was true, they would have long frozen all of Abacha’s loot or returned them. Besides, these men have percentages of wealth which they hide under different names.
Some of abacha loot have been returned by Switzerland .
Check Google for more information
Re: Switzerland Government Freezes Nicolas Maduro's Assets by FreeStuffsNG: 5:11pm On Jan 05
RaySimran:
Federal Council freezes any assets held in Switzerland by Nicolás Maduro



Source:https://www.news.admin.ch/en/newnsb/4mdMVbqPTwY-5XoVHeNVP
Why now?
European countries likr this only does follow-follow . This is why Trump has scant regards for them.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Gotocourt: 5:11pm On Jan 05
E don start. All this looters will never learn, put your money into industrialization, factories and infrastructure 🤷🏿.
Emilokan USA, France, Caribbean islands properties go soon collect.

Na one hand Macron will abandon Tinubu 📌💯.

General Jeremiah Useni died and left millions of dollars frozen in New Jersey 🤷🏿
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Enddy50ty(m): 5:11pm On Jan 05
Tinubu you're next. 2027 is your year
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Onucs(m): 5:13pm On Jan 05
If Switzerland was such a credible country, looted or illicit funds would not even find their way to their vaults in the first place.

I think what they are doing now is quick damage control.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Fiscus105(m): 5:13pm On Jan 05
What's Maduro doing in Switzerland to keep such assets?
How many Switzerland politicians have such assets in Venezuela?

That's problem of 3rd world countries, they steal from coffers of poor nations treasury and take it to already developed nations.


When big tyrant now dealing with them, they start cry victims
.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by SixSeven: 5:13pm On Jan 05
The colonial system has not gone. They rinse and repeat. When they want your dirty money, they collect it and turn the blind eye, when they want to pretend like fake moralistas, they judge you, seize your money and assets.

Look at how they kolobied Abrahamovic's assets when Russia attacked Ukraine. Oyinbo and double standards stink to high hell... They are just stealing what does not belong to them and trying to wash their sins. It's how Abacha loot still keeps coming from them yet they collected it. It's how they stole our artifacts and put in their museums, made money from them and refused to return them. Didn't Dangote accuse the Oil Boss of living above his salary by sending his children to Swiss schools? These countries are like prostitutes, money for hand, back for ground. If you catch any STD, Lily Philips will tell you she has been baptised leaving you to wonder why you didn't protect yourself grin


Africa should please wake up one day I beg.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by BondRiv: 5:13pm On Jan 05
Puppets. Europe is a conquered continent.

Re: Switzerland Government Freezes Nicolas Maduro's Assets by Mrfixitt(m): 5:13pm On Jan 05
Well-done Switzerland. Next is Tinubu
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Gotocourt: 5:13pm On Jan 05
FreeStuffsNG:
Why now?
European countries likr this only does follow-follow . This is why Trump has scant regards for them.
Western world military power na your mate huh
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Omowale2023(m): 5:14pm On Jan 05
kpankpangolo:
Believe this at your peril. The Swiss don’t care how you made money. Their job is to keep it tightly in their vaults. If this was true, they would have long frozen all of Abacha’s loot or returned them. Besides, these men have percentages of wealth which they hide under different names.
No sir, you are wrong, they return a portion to Nigeria every year and why should dey give Nigeria all the money? so that the polithifians will steal it again and bring back to their vault?
Re: Switzerland Government Freezes Nicolas Maduro's Assets by FreeStuffsNG: 5:15pm On Jan 05
Gotocourt:
Western world military power na your mate huh
You're ignorant if you keep lumping them together. Now it's Trump and others.
That's why the others are scared of Putin.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by lezz(m):
kpankpangolo:
Believe this at your peril. The Swiss don’t care how you made money. Their job is to keep it tightly in their vaults. If this was true, they would have long frozen all of Abacha’s loot or returned them. Besides, these men have percentages of wealth which they hide under different names.
and malami, the former AGF is being prosecuted over the return of Abacha loot from Switzerland?

Nairaland product.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Kobojunkie: 5:17pm On Jan 05
RaySimran:
Federal Council freezes any assets held in Switzerland by Nicolás Maduro
Source:https://www.news.admin.ch/en/newnsb/4mdMVbqPTwY-5XoVHeNVP
WOW... what does that mean? Will the money be returned to the people or absorbed by the Swiss? 🥱🥱
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Shedrack777: 5:19pm On Jan 05
But they forgot to freeze his stack of cash
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Originality007: 5:20pm On Jan 05
grin am not sure Maduro.will escape this
Re: Switzerland Government Freezes Nicolas Maduro's Assets by bigpicture001: 5:22pm On Jan 05
kpankpangolo:
Believe this at your peril. The Swiss don’t care how you made money. Their job is to keep it tightly in their vaults. If this was true, they would have long frozen all of Abacha’s loot or returned them. Besides, these men have percentages of wealth which they hide under different names.
Read international news my guy... It's true

Freeze doesn't mean seize.. if he isn't found guilty of coruption ND money laundering.. his funds will b released to him.. but if not, it will be returned to his country... That Switzerland new financial laws on transparency of government officials assets
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Kobojunkie: 5:24pm On Jan 05
kpankpangolo:
➜Believe this at your peril. The Swiss don’t care how you made money. Their job is to keep it tightly in their vaults. If this was true, they would have long frozen all of Abacha’s loot or returned them. Besides, these men have percentages of wealth which they hide under different names.
First, the news is straight from Reuters. Second, Abacha was never former[y indicted as a criminal by the Nigerian courts.
Yes, former Nigerian military ruler Sani Abacha was never formally indicted before his death, but his regime and family were heavily implicated and prosecuted posthumously for massive corruption, including stealing billions from Nigeria, leading to major asset recovery efforts and legal cases against his family for embezzlement and money laundering, with the U.S. and Swiss governments securing billions in stolen funds and his sons facing charges.
Maduros was indicted back in 2020 and had a 25 million dollar bounty on his head. There is a huge difference. undecided
Re: Switzerland Government Freezes Nicolas Maduro's Assets by fredoooooo: 5:24pm On Jan 05
Thieves..All of them in the west . Thieves..
Thats the Allies to Steal from others .
Remind me of Ghadaffi too
Re: Switzerland Government Freezes Nicolas Maduro's Assets by Host78: 5:27pm On Jan 05
kpankpangolo:
Believe this at your peril. The Swiss don’t care how you made money. Their job is to keep it tightly in their vaults. If this was true, they would have long frozen all of Abacha’s loot or returned them. Besides, these men have percentages of wealth which they hide under different names.
why do you think they are freezing it?

He's on trial and won't be reaching for those funds.

So any attempt to reach it most likely isn't through self will.

Also, no one else can touch it now without a long bottle neck process. So essentially they are just securing his money as they promised him.
Re: Switzerland Government Freezes Nicolas Maduro's Assets by RaySimran(op): 5:28pm On Jan 05
FreeStuffsNG:
You're ignorant if you keep lumping them together. Now it's Trump and others.
That's why the others are scared of Putin.
Putin been fighting Ukraine for a decade now, Trump just got a head of state in just 86 minutes without suffering casualty.

Tell me who's more feared now
1 2 Reply

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