MADLANGA COMMISSION: Sibanyoni’s Putco bid puts focus on political access, business interests
Joe ‘Ferrari’ Sibanyoni’s January 2024 meeting with President Cyril Ramaphosa and Minister Gwede Mantashe, and his apparent demand for a 30% stake in the bus company Putco, have brought into question the tax boss’s political reach and his business interests.
Joe "Ferrari" Sibanyoni met with President Cyril Ramaphosa and Minister Gwede Mantashe in January 2024 to discuss his interest in acquiring a 30% stake in the bus company Putco. The meeting, captured on video, showed Sibanyoni demanding a local stake in Putco and warning that anyone interfering with the bus company should know "it's us". This disclosure of Sibanyoni's political access and business ambitions has raised questions about the Madlanga Commission's focus on the government official's influence and connections.
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