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Nobel Institute says Peace Prize cannot be transferred after Machado suggestion
Published by Global Banking and Finance Review
Posted on January 10, 2026
Nobel Institute Confirms Peace Prize Cannot Be Transferred or Shared
Nobel Peace Prize Transfer Rules
By Jarrett Renshaw
Machado's Remarks on Trump
PALM BEACH, Florida, Jan 10 (Reuters) - The Norwegian Nobel Institute said the Nobel Peace Prize cannot be transferred, shared, or revoked, following remarks by Venezuelan opposition leader María Corina Machado suggesting she might give her 2025 award to U.S. President Donald Trump.
Nobel Institute's Statement
In a statement, the institute said the decision to award a Nobel Prize is final and permanent, citing the statutes of the Nobel Foundation, which do not allow appeals. The organization also noted that committees awarding the prizes do not comment on the actions or statements of laureates after receiving awards.
Context of Venezuelan Politics
“Once a Nobel Prize is announced, it cannot be revoked, shared or transferred to others,” the Norwegian Nobel Committee and the Norwegian Nobel Institute said on Friday. “The decision is final and stands for all time.”
On Monday, Machado, speaking to Sean Hannity on Fox News, said that presenting the prize to Trump would be an act of gratitude from the Venezuelan people for the removal of Nicolás Maduro, the country’s president, who was captured last week by the United States.
“Did you at any point offer to give him the Nobel Peace Prize?” Hannity asked. “Did that actually happen?”
She responded, “Well, it hasn’t happened yet."
Trump, who has long expressed interest in winning the prize and has at times linked it to diplomatic achievements, said he would be honored to accept the prize if offered by Machado during a planned meeting in Washington next week.
Machado, a former National Assembly member, was barred from running in Venezuela’s 2024 general election by authorities aligned with Maduro.
She backed a stand‑in candidate who was widely considered to have won the vote, although Maduro claimed victory. Ballot audits by independent observers showed irregularities in the official results.
(Reporting By Jarrett RenshawEditing by Rod Nickel)
Frequently Asked Questions about Nobel Institute says Peace Prize cannot be transferred after Machado suggestion
1What is the Nobel Peace Prize?
The Nobel Peace Prize is an international award given annually to individuals or organizations that have made significant contributions to peace efforts.
2What is the role of the Norwegian Nobel Institute?
The Norwegian Nobel Institute is responsible for administering the Nobel Peace Prize and ensuring adherence to its rules and regulations.
