Swiss arrest 2 in alleged oil corruption case

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, but declined to comment further.