JOHANNESBURG - The Asset Forfeiture Unit has obtained a restraint order against Mpumalanga taxi boss Joe ‘Ferrari’ Sibanyoni.
The order targets assets worth an estimated R99 million. The assets are linked to Sibanyoni and his alleged associates, accused of organised crime and extortion.
Seized assets include luxury golf estate properties in Centurion and several high-end houses in Centurion and Pretoria.
The order also covers luxury cars, Ferraris, a Porsche, a Lexus, Mercedes-Benzes, and BMWs. Sibanyoni and his associates must surrender multiple bank accounts and investments to the court-appointed curator.