Joe “Ferrari” Sibanyoni is facing renewed scrutiny after his arrest on allegations of extortion and money laundering.
South African National Taxi Council (Santaco), says it is closely monitoring developments involving taxi boss Joe “Ferrari” Sibanyoni as the organisation weighs whether any leadership changes may be necessary following his arrest on extortion and money laundering allegations.
“So we're allowing for the legal processes to play out. The good thing about it is the investment arm is not a sole proprietor business where you only have one director so there are many other people who are leading alongside the executive chairman, Mr Sibanyoni.”
“The work has not necessarily stopped because of what's happened in relation to the chairman of the board so that process is obviously taking its own shape very much different and away from the council and the work that it does,” Santaco national spokesperson Rebecca Phala said on the sidelines of the taxi council’s national elective conference in Boksburg on Monday.
Sibanyoni acts as a director for Santaco Trading Pty Ltd, operating as TaxiChoice, and previously spearheaded regional taxi body frameworks.
