Cape Town – An investigative report into the R14.5bn financial losses that PetroSA incurred in the 2014/15 financial year will not be made public and will only be presented to a closed parliamentary meeting.

Fikile Majola, chairperson of the Portfolio Committee on Energy, said on Tuesday the information contained in the forensic report contains “commercially sensitive” information and he had therefore decided that it would be presented to MPs in camera.

“We have to balance Parliament’s right to know with the obligation to safeguard the affairs of our public entities,” Majola said.