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AP Newsbreak: Swiss arrest 2 in alleged oil corruption case

Prosecutors in Switzerland have made two arrests after opening a criminal investigation into a Geneva-based consulting firm that allegedly served as a conduit for bribes between Venezuela's state oil company and some of its biggest clients.

A person familiar with the case said Monday that the Helsinge Inc. executives were arrested in recent days following allegations contained in a complaint filed by PDVSA, the Venezuelan state oil company. The person spoke on condition of anonymity because he was not authorized to discuss the matter publicly.

The Geneva public prosecutor's office confirmed the probe against unspecified Helsinge executives on suspicion of corruption of...