LISTEN LIVE TO NEWSTALK ZB

Newstalk ZB

ON AIR NOW

Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

Genesis spend $765k preparing for partial sale

Share |

Business News | Thursday March 7 2013 16:32

Genesis spend $765k preparing for partial sale

Related

Genesis Energy has revealed it has spent at least $765,000 preparing the company for partial sale.

Chairwoman Dame Jenny Shipley and CEO Albert Brantley appeared before MPs at a select committee today and revealed the figure.

Another $30,000 has been set aside to pay extra fees for directors who work on the sale process.

Labour MP Clayton Cosgrove asked Dame Jenny for assurances she was able to lead the company appropriately given she was a director of the now-failed Mainzeal.

Photo: stock.xchng

Advertisement
I Heart App
Advertisement
  • NRL: Eels falter, Warriors still in contention

  • Cycling: Henderson finishes among leaders

  • Tennis: Top women fall, men advance

  • Protesters and police clash in Pakistan

  • Labour slams government over dirty politics

  • Ukraine's President pleads for help against Russia

  • Auckland Weather

    11°
    Today
    Rain
    H:14° L:11°
    Click for More Weather
    More Weather

    TVNZ Leaders Debate

    Who won the debate?

    Vote Now

    View Results