"The SFO is committed to preventing corruption from taking root through investigating and prosecuting offending in the public or private sector," SFO director, Julie Read said.
"This is an important aspect of protecting New Zealand's reputation as a safe place to invest and do business and to allow our economy to prosper."
Borlase, who faces eight bribery charges and four of false pretences, indicated in a statement after his court appearance that he would plead not guilty to all charges "as I know I have done no wrong."
"Not only do I deny the claims, I am completely confident that no inappropriate or unlawful payment has been made by my company."
He said he had instructed his lawyer not to apply for name suppression as "I consider that I have nothing to hide or be ashamed of."
However, he had decided to step aside from the day-to-day running of his company pending resolution of the case, to protect its good name and reputation.
Neither George, who faces four bribery charges and did not seek name suppression, nor his lawyer would comment outside court.
The trio were remanded on bail until May 18.