By Marcus Moloko
The extortion and money laundering case involving multi-millionaire transport tycoons Joe Ferrari Sibanyoni, Oupa Bafana Sindane, and two others has been postponed to Monday.
On Friday, the Kwaggafontein Magistrate’s Court officially postponed the bail application involving Sibanyoni, Sindane, Mvimbi Daniel Masilela and Philemon Msiza (also referred to in court documents as Philemon Makhaya).
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The four accused face charges of extortion and two counts of money laundering connected to an alleged protection-fee racket. All four have indicated their intention to plead not guilty.
The bail proceedings on Friday descended into a highly contentious standoff between the state and the defense.
Defense attorneys aggressively lobbied for the court to sit late into the night to prevent the accused from spending the weekend behind bars. The defense heavily criticised the state prosecution for
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