The board, which has Dame Jenny Shipley among its directors, unanimously approves a proposal to set up a subsidiary in Auckland.
Appearing before the commerce select committee for a regular performance review by MPs, Dame Jenny would not fully answer questions by Labour's Clayton Cosgrove.
"The Mainzeal issues regarding compliance (if reports are correct) is nothing short of a disgrace and those steering the company need to front up."
"I am always here at the behest of the shareholder," Dame Jenny says.
"So she takes credit for the 'success' of Genesis, but isn't responsible for the failure of Mainzeal?"
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