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Joe “Ferrari” Sibanyoni Demands 30% Stake in Putco Bus Services in Older Video Addressed to Ramaphosa and Mantashe
Older video emerges of controversial businessman Joe "Ferrari" Sibanyoni addressing President Cyril Ramaphosa and Gwede Mantashe.
In the video, Sibanyoni says that if the government does not help them secure a 30% stake from Putco Bus Services, which has operated in KwaNdebele for over 60 years, they will be forced to “fight on their own.”
Sibanyoni is currently facing charges of extortion and two counts of money laundering linked to an alleged R2.2 million “protection fee” scheme involving a Mpumalanga businessman.
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