In the draft report, a query was raised as to the whereabouts of R10m that had been linked to an unspecified African Cup of Nations project of the culture, arts, tourism, hospitality and sport Sector Education and Training Authority.
The newspaper also reported that the draft report by firm Grant Thornton revealed that a former employee had asked the Seta to sponsor a school trip to Italy for "three disadvantaged children".
However, one of the children turned out to be the employee's offspring. The sponsorship was nevertheless signed off by the Seta's CEO Mike Tsotetsi.
The report raised questions about the process through which an employee was promoted from being a secretary to a chamber manager.
City Press said it appeared that the person had used someone else's CV, just removing their name at the top.
Tsotetsi told the newspaper via email that the report had not been released to the Seta's board.
"As far as the board is concerned, Grant Thornton is still engaged in conducting the investigation and the board is co-operating fully and assisting the investigation process," he said in the email.