The Public Protector issued a final report, Public Protector's Report 8 of 2017/2018 into the "Alleged Failure to Recover Misappropriated Funds" (the Report) on 19 June 2017.
The Public Protector made certain factual findings and came to certain conclusions in the Report that includes that the South African Government had improperly failed to implement the CIEX report which dealt with alleged stolen state funds, after commissioning the report from CIEX and paying for it; the Government and the Reserve Bank had improperly failed to recover R3,2 billion from Bankorp Limited/ASSA, and that the South African public was prejudiced by the conduct of the South African Government and the Reserve Bank.
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