Swiss Authorities Freeze Assets Linked to Venezuela's Maduro After US Capture

Switzerland said on Jan. 5 that it has frozen all assets held in the country by deposed Venezuelan leader Nicolás Maduro and his associates.

After Maduro's arrest in Caracas by U.S. forces and his subsequent transfer to the United States, Swiss authorities imposed a precautionary measure designed to prevent the removal of any illegally acquired assets from the country.

The order is effective immediately and valid for four years. It is unclear how much the assets are worth.