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Fourth Accused Hands Himself over in Joe ‘Ferrari’ Sibanyoni Extortion Case

The four accused face extortion and money-laundering charges after allegedly forcing a businessman to pay about R2.2 million in protection money.

  • A fourth suspect in the extortion case involving taxi boss Joe Ferrari Sibanyoni handed himself over to police on Friday morning and is expected to appear at Kwaggafontein Magistrate Court.
  • In the early hours of Tuesday, police arrested Sibanyoni, Mvimbi Daniel Masilela, and Philemon Msiza, who now face serious charges of extortion and money laundering after allegedly threatening a local businessman.
  • According to the charge sheet, the accused forced a businessman to pay approximately R2.2 million in protection money between 2022 and 2025; The State alleges they laundered proceeds through bank withdrawals, transfers, and purchases.
  • Attorney Mphoke Magane stated his client cooperated with authorities, claiming the man was unaware police sought him until recently after consulting with prosecutors and his legal team.
  • Outside the court on Friday, supporters gathered holding placards reading 'We love you, Joe Ferrari' and 'Free Joe Sibanyoni Ferrari,' while the four accused remain in custody awaiting bail applications.
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mpmirroronline.co.za broke the news on Friday, May 15, 2026.
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