Bern freezes Maduro assets

Federal Palace, Bern

Switzerland has frozen assets linked to Venezuelan President Nicolás Maduro and other associates.

The Federal Council says the preventive measure is meant to stop potentially illicit funds from leaving the country and could allow their eventual return to the Venezuelan people. 

Swiss officials stress that no members of Venezuela’s current government are affected. 

The move expands existing sanctions and comes as Switzerland warns the situation in Venezuela remains unstable. 

Bern is calling for restraint and respect for international law.

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