By Marcus Moloko
A fourth taxi boss is expected to join Joe ‘Ferrari’ Sibanyoni and two others in the dock on Friday in connection with an extortion and money laundering case.
The Kwaggafontein Magistrate’s Court is expected to decide on bail applications on Friday as a fourth suspect, described as a multi-millionaire taxi boss, joined prominent businessman Joe “Ferrari” Sibanyoni and two others in the dock.
ALSO READ: Rassie Erasmus among 2026 National Orders recipients
The group faces serious charges of extortion and money laundering linked to an alleged protection fee.
The four accused appearing before the court are Joe “Ferrari” Sibanyoni, Mvimbi Daniel Masilela, Philemon Msiza, and a fourth suspect whose identity will be formalized following his voluntary surrender to police.
The state alleges that the trio, and now their fourth co-accused, operated a sophisticated racket that demanded consistent payments from a local businessman over an extended period.
The
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insidepolitic.co.za
