By Marcus Moloko
The R2.2 million extortion and money laundering case against Mpumalanga businessman Joe “Ferrari” Sibanyoni and his four co-accused has been postponed to 1 September at the Delmas Magistrate’s Court.
Sibanyoni (60) appeared alongside co-accused Phillimon Makhaya Msiza Mvimba, Daniel Masilela, Oupa Bafana Sindane, and were granted bail of R 70 000 each with strict bail conditions.
The proceedings have been re-enrolled and transferred from the Kwaggafontein Magistrates’ Court to Delmas due to security concerns.
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Under the bail agreement, the accused must attend all scheduled court proceedings, refrain from any contact with witnesses, and report to a local police station every alternative week. Furthermore, they are prohibited from committing any further offenses while out on bail.
The case has been postponed to 01 September 2026, a delay intended to allow the State time to disclose the full contents of the docket to the defense.
Addressing the procedural timeline, National Prosecuting Authority (NPA) spokesperson Kaizer Kganyago said, “the National Prosecuting Authority (NPA) has afforded the legal representatives of the accused three months to submit representations to the Office of the Director of Public Prosecutions (DPP) in Mpumalanga. The representations will be considered, and the outcome will be communicated to the defence in due course.”
The State alleges that between 2022 and 2025, the accused ran a sophisticated extortion scheme.
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They are accused of exerting unlawful pressure on a complainant, demanding “protection fees” exceeding R2.2 million. Prosecutors claim the group threatened to shut down the victim’s businesses should he fail to comply with their demands.
The investigation further alleges that the illicit funds were laundered through M&J Sons, an entity purportedly owned by Sibanyoni.
As the matter stands, the accused remain out on bail as they await the next phase of the legal process in September.
