1. The National Treasury confirms that a full investigation was conducted in keeping with the Public Protector remedial action and a comprehensive report finalised on the privatisation of the Venda Pension Funds. The comprehensive report provides detail on the historical background, the process followed during the investigation in line with the Implementation Plan and findings thereof. The Implementation Plan was agreed by National Treasury and the Public Protector; and submitted to the Speaker of the National Assembly for monitoring.
2. The Minister of Finance submitted the final comprehensive report on behalf of the State to Parliament and Public Protector on the 4th December 2018. The National Treasury awaits further communication and guidance from the Speaker of the National Assembly and Public Protector on this matter.