BREAKING NEWS 🚨
Court Grants NPA Order to Restrain R99m in Assets Linked to Joe Sibanyoni
The National Prosecuting Authority’s (NPA) Asset Forfeiture Unit (AFU) has obtained a provisional restraint order over assets worth an estimated R99 million linked to Mpumalanga taxi boss Joe “Ferrari” Sibanyoni and others accused of organised crime, including extortion.
The order was granted by the Mpumalanga Division of the High Court in Middelburg on 28 September 2026 under the Prevention of Organised Crime Act (POCA), following investigations involving the NPA’s Organised Crime Unit and the South African Police Service (SAPS).
The assets include properties in Centurion and Pretoria, luxury vehicles such as Ferraris, a Porsche, Lexus, Mercedes-Benz and BMW models, as well as bank accounts and investments. A court-appointed curator will oversee the assets in accordance with the order.
Sibanyoni and his co-accused, Bafana “King of the Sky” Sindane, Daniel Masilela and Philemon Msiza, face extortion and money laundering charges. The State alleges that they demanded more than R2.2 million in protection fees from businessman Tengane Thomas Ntuli between 2022 and 2025 in connection with a contract linked to the R573 Moloto Road project.
The four are out on bail of R70,000 each. Their case was postponed to 20 April 2027 in the Delmas Magistrate’s Court.
The allegations have also featured before the Madlanga Commission of Inquiry. Sibanyoni has denied the extortion claims, saying the payments were linked to a business partnership.
The NPA said the restraint order aims to prevent people from benefiting from the proceeds of crime, adding that extortion undermines legitimate businesses, discourages investment and threatens economic growth.
The order remains provisional, and Sibanyoni and his co-accused have not been convicted of the charges.