AP Newsbreak: Swiss arrest 2 in alleged oil corruption case

GENEVA (AP) — Geneva regional prosecutors have made two arrests after opening a criminal investigation of a Swiss consulting firm that served as a conduit between Venezuela's state oil company and some of its biggest clients.

A person familiar with the case says the Helsinge Inc. executives were arrested in recent days following allegations contained in a complaint linked to PDVSA, the Venezuelan state oil company.

The Geneva public prosecutor's office confirmed the probe against unspecified Helsinge executives on suspicion of corruption of foreign officials and money-laundering. The person spoke on condition of anonymity because he was not authorized to discuss the matter publicly.

Some of PDVSA's biggest clients and suppliers allegedly relied on Helsinge to obtain insider information about its tenders for oil exports and purchases.

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Joshua Goodman contributed from Bogota, Colombia.