Switzerland has frozen assets held in the country by Venezuela’s Nicolas Maduro and associates, the Swiss government said on Monday, following his arrest by U.S. forces in Caracas and transfer to the United States.
A spokesperson for the Swiss Foreign Ministry said the order affects 37 people. The spokesperson said the ministry could not provide any details on the value of the assets in question.
Huh, how did it get there? Swiss commenters keep saying that dictators can no longer hide money there?
In contrast with the UK, the USA and others, Switzerland has been implementing OECD standards for automatic information exchange with foreign tax authorities for more than a decade.
But hey, dumb US films keep talking about “Swiss accounts”, so it must be true, right? Also please don’t look at Delaware, Virgin Islands or Panama.